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WhiteCoin Foundation Transition Team

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  1. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  2. May 03 18:28:14 <mogonzo> http://pastebin.com/tH1AG8jM |
  3. May 03 18:28:18 <mogonzo> ^briefing on structure
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  6.  
  7. May 03 18:28:25 <mogonzo> Conduct during the meeting:
  8.  
  9. May 03 18:28:25 <mogonzo> 1. The moderator has authority on who has the floor.
  10. May 03 18:28:25 <mogonzo> 2. Do not interrupt people who have the floor.
  11. May 03 18:28:25 <mogonzo> 3. Please attempt to pre-prepare your statements ahead of time in a notepad for speedy debate.
  12.  
  13. May 03 18:28:34 <mogonzo> WhiteCoin meeting agenda
  14.  
  15. May 03 18:28:34 <mogonzo> 1. Vote for this meeting's minutes/logs to be made public with security information redacted.
  16. May 03 18:28:34 <mogonzo> 2. Delegation of PR Responsibilities
  17. May 03 18:28:34 <mogonzo> 3. foundation website & logo
  18. May 03 18:28:34 <mogonzo> 4. Accounting of costs.
  19. May 03 18:28:34 <mogonzo> 5. Fund raising methods
  20. May 03 18:28:34 <mogonzo> 6. Agreeing on time of full team meeting
  21. May 03 18:34:21 <mogonzo> 7. Any side conversations are to be taken to PM
  22.  
  23.  
  24. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  25. May 03 18:34:31 <mogonzo> 1. Vote for this meeting's minutes/logs to be made public with security information redacted.
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  27.  
  28. May 03 18:34:47 <mogonzo> I believe this is essential for transparency, thus I vote: Y
  29. May 03 18:34:54 <LynchyAU> y
  30. May 03 18:35:02 <mogonzo> table is open for 2 mins of debate if there are concerns
  31. May 03 18:35:02 <mindfox y
  32. May 03 18:35:08 <mogonzo> otherwise case your vote now
  33. May 03 18:35:12 <cryptowest y
  34. May 03 18:35:23 <Oizopower> y
  35. May 03 18:35:24 <Xip> y
  36. May 03 18:35:39 <asoom> yes
  37. May 03 18:35:42 <mogonzo> motion carried
  38. May 03 18:36:02 <asoom> just one thing we all go over whats redacted fair?
  39. May 03 18:36:03 <mogonzo> if anyone needs security information redacted form this log, please PM me
  40. May 03 18:36:10 <asoom> to make sure
  41. May 03 18:36:12 <mogonzo> yes
  42. May 03 18:36:16 <asoom> ok good
  43. May 03 18:36:24 <mindfox_ can we define the "security information"?
  44. May 03 18:36:24 <mogonzo> I believe we should of course redact any information that relates to our security procedures if they come up
  45. May 03 18:36:32 <mindfox_ ah
  46. May 03 18:36:34 <mindfox_ ty
  47. May 03 18:36:41 <mogonzo> network information, individuals who hold various accounts, where they may be
  48. May 03 18:36:46 <mogonzo> etc
  49. May 03 18:36:47 <litepresence> ..
  50. May 03 18:36:50 <mindfox_ yes, understood :)
  51. May 03 18:36:52 <mogonzo> anything that could give anyone an edge to compromise us
  52. May 03 18:37:04 <mogonzo> otherwise, I am open to a submotion, if anyone would like to present it
  53. May 03 18:37:07 <asoom> litepresence majority house moved on without your vote lol
  54. May 03 18:37:13 <mogonzo> where individuals may request their nic be redacted from the log
  55. May 03 18:37:19 <Xip> naturally any personal information or otherwise sensitive information that you do not wish to share can be redacted
  56. May 03 18:37:26 <mogonzo> I agree with this
  57. May 03 18:37:37 <mogonzo> are there any objections?
  58. May 03 18:37:39 <Oizopower> yeah thats good
  59. May 03 18:37:45 <asoom> fine with me
  60. May 03 18:37:57 <mogonzo> excellent, this issue closes for discussion in 30 seconds
  61.  
  62. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  63. May 03 18:38:14 <mogonzo> 2. Delegation of PR Responsibilities
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  66. May 03 18:38:17 <Oizopower> Just be as transparent as we can
  67. May 03 18:38:24 <mogonzo> agree
  68. May 03 18:38:27 <mogonzo> 2. Short Term Delegation of PR Responsibilities
  69. May 03 18:38:27 <mogonzo> A) Twitter: We need a trusted point person with the password
  70. May 03 18:38:49 <asoom> I have managed twitter accounts but probably need someone to help with material
  71. May 03 18:38:54 <mogonzo> Floor is now open for volunteers and nominations, I feel that [redacted] would be great at this
  72. May 03 18:39:03 <mogonzo> [redacted]
  73. May 03 18:39:11 <asoom> check [redacted] i managed this one for a while but recently stopped
  74. May 03 18:39:11 <mogonzo> would anyone like to assist with [redacted] on this?
  75. May 03 18:39:18 <mogonzo> cool
  76. May 03 18:39:26 <mogonzo> I can give you some good guidance on how to easily generate content as well
  77. May 03 18:39:33 <mogonzo> and increase our audience, which much be a very high priority
  78. May 03 18:39:44 <mogonzo> works for me
  79. May 03 18:39:45 <litepresence> we need a goal of 1000 retweets / tweets daily from our community "#WhiteCoin" we're currently at about 250 I'll help w/ content and contacts
  80. May 03 18:39:52 <asoom> good LP
  81. May 03 18:39:57 <asoom> thats what im looking for
  82. May 03 18:39:59 <asoom> :)
  83. May 03 18:40:04 <mogonzo> I would request that [redacted] provide a heads up on content in here before you post (espcially when scheduling many tweets via hootsuite)
  84. May 03 18:40:05 <mogonzo> with the channel
  85. May 03 18:40:12 <mogonzo> awesome
  86. May 03 18:40:21 <mogonzo> unless there are any other comments or volunteers
  87. May 03 18:40:29 <mogonzo> I feel we can proceed on this one :)
  88. May 03 18:40:33 <asoom> im sure its fine lets move on
  89. May 03 18:40:44 <mogonzo> B) Bitcointalk: We need a point person with yinyangteam and a new WhiteCoinFoundation account
  90. May 03 18:40:53 <mogonzo> any volunteers?
  91. May 03 18:41:09 <asoom> [redacted] are you wanting that job for the WCF account?
  92. May 03 18:41:16 <asoom> I know he is very good with forums
  93. May 03 18:41:28 <asoom> but wont ask if he doesn't want to
  94. May 03 18:41:32 <mogonzo> :P
  95. May 03 18:41:44 <litepresence> I really can't commit to any "job" I'm here to help
  96.  
  97.  
  98. May 03 18:41:46 <cryptowest> ill just help make sure the coin works. i gotta get some sleep :P
  99. May 03 18:41:52 <mogonzo> hah
  100. May 03 18:41:55 <mogonzo> good night CW
  101. May 03 18:41:59 <mogonzo> thanks again for everything
  102. May 03 18:42:03 <cryptowest> <3
  103. May 03 18:42:05 <mogonzo> everyone please give this man a round of applause
  104. May 03 18:42:06 <litepresence> <3
  105. May 03 18:42:07 <mogonzo> <3
  106. May 03 18:42:08 <Oizopower> nn west
  107. May 03 18:42:10 <asoom> :)
  108. May 03 18:42:16 <LynchyAU> :)
  109. May 03 18:42:19 <Oizopower> <3 + 1
  110. May 03 18:42:28 <cryptowest> lol
  111. May 03 18:42:31 <mogonzo> :D
  112.  
  113. May 03 18:42:35 <asoom> [redacted] regarding BCT accounts how you feel about those?
  114. May 03 18:42:53 <mindfox> ty west.
  115. May 03 18:43:02 <litepresence> [redacted] need to get together daily on a "twitter" level. We need a daily feed... 24/7 If we could get an [redacted] partner that would be great
  116. May 03 18:43:04 <LynchyAU> I would rather step aside now that the project has been completed
  117. May 03 18:43:04 <mogonzo> we need backup on this I can only be around so often
  118. May 03 18:43:17 <Oizopower> Well im not good with long English texts, it contains a lot of grammar errors hehe, i'll help where i can
  119. May 03 18:43:17 <mogonzo> no problem
  120. May 03 18:43:30 <mogonzo> Oiz: perhaps yo ucould work with a team
  121. May 03 18:43:38 <mogonzo> and be the trusted person who posts the final drafts for us?
  122. May 03 18:43:41 <asoom> LP thinking same
  123. May 03 18:43:49 <mogonzo> the idea is that our point people will have support via #wc-pr
  124. May 03 18:43:59 <mogonzo> split up the work and the content creation
  125. May 03 18:44:03 <mogonzo> fact check each other, etc
  126. May 03 18:44:21 <mogonzo> then point people post... in the end the position is mostly about trust and judging the content you're being given
  127. May 03 18:45:39 <mogonzo> if there are no volunteers in here
  128. May 03 18:45:40 <mogonzo> that is fine
  129. May 03 18:45:45 <Oizopower> I'm okay with the twitter posting etc.. but i'm not really a forum guy
  130. May 03 18:45:45 <mogonzo> but we all need to start looking
  131. May 03 18:45:48 <mogonzo> [redacted] comes to mind
  132. May 03 18:45:54 <mogonzo> kk
  133. May 03 18:45:55 <Oizopower> i'm willing to help where i can on BCT
  134. May 03 18:46:02 <mogonzo> Oiz assist with asoom on twitter :)
  135. May 03 18:46:03 <LynchyAU> [redacted] comes to mind for me tbh
  136. May 03 18:46:22 <Xip> At this point, for me personally: the work with the site, updating it, organizing our own forums etc. will be enough for me at this point in time. I will of course help as I can with anything.
  137. May 03 18:46:28 <mindfox> asoom: is it needed to get into another coin's business?
  138. May 03 18:46:49 <mogonzo> do we have a volunteer for bitcointalk point person?
  139. May 03 18:46:50 <litepresence> [redacted] you are point of contact for WhiteCoinfoundattion.org?
  140. May 03 18:47:26 <Xip> litepresence: Yes. [redacted] is the point of contact anything regarding WhiteCoinfoundation.org as of now.
  141. May 03 18:47:33 <mogonzo> :)
  142. May 03 18:47:48 <mogonzo> I thought I saw a volunteer but lots of side discussion here
  143. May 03 18:47:56 <mogonzo> can anyone be a short term point person? I can only post so much tonight
  144. May 03 18:48:04 <mogonzo> just in case the group comes up with a needed statement
  145. May 03 18:48:05 <LynchyAU> I suggested cryptoseo... not sure if you saw that
  146. May 03 18:48:09 <mogonzo> ahh kk
  147. May 03 18:48:13 <Oizopower> cryptseo is really committed
  148. May 03 18:48:14 <mogonzo> alright let's close that matter
  149. May 03 18:48:17 <mogonzo> yes he is
  150. May 03 18:48:24 <mogonzo> kk
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  152. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  153. May 03 18:48:32 <mogonzo> 3. foundation website & logo
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  156. May 03 18:48:32 <mogonzo> A) Xip would you please present the link and how you'd like the website promoted for the first 24 hours?
  157. May 03 18:49:07 <Oizopower> i can help with the website >> web developer / programmer / system administrator / team manager by daily job
  158. May 03 18:49:08 <mogonzo> naturally it's here now since I wrote that copypaste: WhiteCoinfoundation.org
  159. May 03 18:49:12 <Xip> http://www.WhiteCoinfoundation.org [usr/pw WhiteCoin/peace]
  160. May 03 18:49:17 <mogonzo> Oiz Xip has the floor now
  161. May 03 18:49:21 <mogonzo> but thank you :)
  162. May 03 18:49:24 <litepresence> re: bitcointalk WhiteCoinfoundation.org needs links to our most important threads. I'm usually a great "forum" guy and I've created tons of forum content. Frankly I don't know enough about WhiteCoin to produce content about it. If someone produces content... I would certainly review and add color an flavor; highlighting and formatting for BB.
  163.  
  164. May 03 18:49:27 <Oizopower> ow sry
  165. May 03 18:49:41 <mogonzo> litepresence: please do not divert from the agenda we need to get through this meeting quickly
  166. May 03 18:49:47 <mogonzo> tthat is something for the PR group and team that wil handle bitcointalk
  167. May 03 18:49:52 <mogonzo> Xip, sorry, please continue
  168. May 03 18:50:19 <mogonzo> or if you'd like me to talk it up and offer some thoughts, that's no prob too :)
  169. May 03 18:50:32 <Xip> mogonzo: Do you have anything in mind?
  170. May 03 18:50:43 <mogonzo> I think we need to do this as a "grand unveiling"
  171. May 03 18:50:47 <mogonzo> for community consult
  172. May 03 18:50:54 <mogonzo> (basically for cheering, heh)
  173. May 03 18:51:06 <mogonzo> we drop hints that something really big is about to be release that has nothing to do with the wallet
  174. May 03 18:51:12 <mogonzo> twitter, bitcointalk
  175. May 03 18:51:13 <mogonzo> IRC
  176. May 03 18:51:21 <mogonzo> all of us just kidn of work to create a little buzz
  177. May 03 18:51:28 <mogonzo> then, like lifting a curtain, we open the site on bitcointalk
  178. May 03 18:51:32 <mogonzo> tweet the shit out of it
  179. May 03 18:51:44 <mogonzo> and I'm thinking a countdown to the unveiling in #WhiteCoinfoundation
  180. May 03 18:51:46 <Oizopower> won't people be disappointed then? :P
  181. May 03 18:51:49 <mogonzo> get people really jazzed up
  182. May 03 18:51:55 <mogonzo> uhh... wah?
  183. May 03 18:52:16 <mogonzo> are you kidding. I mean I think this logo especially, this is a totally unique and ground breaking logo for crypto
  184. May 03 18:52:17 <asoom> deadlines should be exact are you sure we can deliver?
  185. May 03 18:52:28 <mogonzo> we'd be unveiling the sneak peak
  186. May 03 18:52:31 <asoom> oh
  187. May 03 18:52:32 <asoom> i see
  188. May 03 18:52:33 <asoom> ok
  189. May 03 18:52:33 <LynchyAU> what logo are we referring to?
  190. May 03 18:52:34 <mogonzo> and asking for community consult
  191. May 03 18:52:37 <Oizopower> that's true, got a poiint there
  192. May 03 18:52:40 <asoom> can someone post the logo
  193. May 03 18:52:40 <mogonzo> the energy ball on the website
  194. May 03 18:52:43 <asoom> for lynch
  195. May 03 18:52:51 <mogonzo> http://www.WhiteCoinfoundation.org/images/WhiteCoin_logo_sizes.png
  196. May 03 18:53:04 <LynchyAU> asks for user/pass
  197. May 03 18:53:05 <mogonzo> anyone caught sharing this outside the group before release will not be welcome back
  198. May 03 18:53:10 <Oizopower> usr/pw WhiteCoin/peace]
  199. May 03 18:53:10 <Xip> Again the site concept here: http://www.WhiteCoinfoundation.org [usr/pw WhiteCoin/peace]
  200. May 03 18:53:21 <LynchyAU> k
  201. May 03 18:53:37 <LynchyAU> nice
  202. May 03 18:53:42 <mogonzo> I know right
  203. May 03 18:53:49 <mogonzo> I think people are going to fucking love it myself
  204. May 03 18:53:52 <mogonzo> it's totally different
  205. May 03 18:54:07 <mogonzo> like imagine that energy ball as our little logo next to all the markets
  206. May 03 18:54:18 <mogonzo> and it captures the energy felt by our community perfectly
  207. May 03 18:54:52 <Oizopower> mint some coins from that one :)
  208. May 03 18:54:55 <mogonzo> :D
  209. May 03 18:54:59 <litepresence> http://imgur.com/IfVOK66 Lynchy
  210. May 03 18:55:24 <mogonzo> okay we're getting into a time heavy situation here
  211. May 03 18:55:26 <LynchyAU> its k dude saw it on website
  212. May 03 18:55:36 <mogonzo> are there any other comments or suggestions here on this proposed approach?
  213. May 03 18:56:04 <mindfox> regarding the page or the content?
  214. May 03 18:56:17 <mogonzo> both, the new logo and the general concept page
  215. May 03 18:56:24 <mogonzo> as Xip has said, the page is not a finished project
  216. May 03 18:56:38 <mogonzo> and I'm thinking we consult on the community as to what the taglines should be and what else we put on the website, etc
  217. May 03 18:56:57 <litepresence> can we discuss some of that now? I have some suggestions
  218. May 03 18:57:13 <mogonzo> for layout or concept, unless it's anything critical
  219. May 03 18:57:16 <mogonzo> imo it should wait
  220. May 03 18:57:21 <mogonzo> the more we have people discussing it in the open, the better
  221. May 03 18:57:31 <mogonzo> like it will help us for you to share your ideas in public constructively, I mean :)
  222. May 03 18:57:44 <mogonzo> right now I think this conversation is about:
  223. May 03 18:57:53 <mogonzo> 1. are there any serious objections to this logo and site
  224. May 03 18:58:04 <mogonzo> 2. Are there any additional ideas or thoughts on how we unveil and promote it
  225. May 03 18:58:09 <Xip> Most of the site is done, but we will need tons of content to make it a complete site.
  226. May 03 18:58:11 <mogonzo> 3. Then we vote to carry forward the rought plan as proposed
  227. May 03 18:58:50 <litepresence> Re: content Xip send me pm later... I have a a multitude of thoughts
  228. May 03 18:58:54 <mogonzo> :D
  229. May 03 18:59:00 <Xip> The reason I pulled the W out and didn't turn it into a traditional coin design is because it's not a traditional coin. It's digital cash. Energy essentially.
  230. May 03 18:59:18 <asoom> mogonzo, no disrespect but if we are claiming to be community oriented then why not let community choose logo and hold a contest for say 100k WC or something lol
  231. May 03 18:59:21 <mogonzo> I"m not trying to discourage teamwork on this, just want to get through our agenda items
  232. May 03 18:59:38 <Oizopower> RE: if deadline is in stake, you can message me as well to help build what you have in mind. because we are in diff timezones ;)
  233. May 03 18:59:59 <mogonzo> asoom none taken
  234. May 03 19:00:11 <mogonzo> the idea is we're presenting this as a community consult
  235. May 03 19:00:22 <mogonzo> I personally don't think a contest is the way to go because we have too mahy other expenses
  236. May 03 19:00:22 <Oizopower> what about Lady... logo's ?
  237. May 03 19:00:27 <Oizopower> anyone looked at those?
  238. May 03 19:00:28 <Xip> asoom: If anyone has any objections on this vision, idea or concept we will naturally listen to the community.
  239. May 03 19:00:29 <mogonzo> lady's are nice but really, this is way better
  240. May 03 19:00:34 <mogonzo> lady's are awesome and she is great
  241. May 03 19:00:40 <mogonzo> but this is revolutionary imo
  242. May 03 19:00:46 <mogonzo> exactly
  243. May 03 19:00:55 <mogonzo> we're being community driven by unveiling this as a concept6 for community consult
  244. May 03 19:01:00 <asoom> i like xips
  245. May 03 19:01:04 <asoom> but still i want poll
  246. May 03 19:01:34 <mogonzo> she's an excellent contributor to this community and gets people jazzed up, so let's just make sure we don't needless shit on good faith effort :)
  247. May 03 19:01:43 <mogonzo> let's all give lady some <3's
  248. May 03 19:01:50 <mogonzo> <3 <3 :D
  249. May 03 19:01:51 <Oizopower> http://i1373.photobucket.com/albums/ag362/CutePandaBear/WhiteCoinLogoStyle10v40_zpsc3e19afb.png
  250. May 03 19:01:53 <Oizopower> ;)
  251. May 03 19:01:55 <Oizopower> <3
  252. May 03 19:01:57 <OdinYggd> I'd rather have lady's conversation and community participation than some trolls we've had.
  253. May 03 19:01:57 <asoom> i like her <3 but still i think better professional logo is needed
  254. May 03 19:02:02 <mogonzo> agree
  255. May 03 19:02:06 <mogonzo> okay
  256. May 03 19:02:15 <OdinYggd> Lets try not to burn our bridges. The TF2 thing is going to be an eyesore for some time, we need to take care not to provoke that matter
  257. May 03 19:02:16 <mogonzo> so is everyone happy with this community consult approach?
  258. May 03 19:02:26 <Xip> asoom: We don't need a poll, we just need to get it out there and say this is WhiteCoin now. If the community in majority, hate this idea, they can just tell us and we'll take another look and see if we can rethink.
  259.  
  260. May 03 19:02:35 <mogonzo> exactly
  261. May 03 19:02:42 <asoom> ok
  262. May 03 19:02:50 <mogonzo> I think we need to close the floor for comments now unless anyone has a quick last statement
  263. May 03 19:02:50 <OdinYggd> Just having the minutes of this first meeting is going to help a lot. People can go wow, these guys are for real.
  264. May 03 19:03:03 <mogonzo> and then we should vote on taking the community consult approach, and working with the PR group to promote it
  265. May 03 19:03:09 <mogonzo> exactly
  266. May 03 19:03:45 <mogonzo> votes are now open on this, I vote Y
  267. May 03 19:03:47 <Xip> Well basically, about the release of the site or so. Why not just let the username and password hide in here in this log?
  268. May 03 19:03:52 <Xip> And we'll see if someone find it ;-)
  269. May 03 19:04:05 <mogonzo> ohh that's an interesting idea
  270. May 03 19:04:15 <Xip> Hello log reader!
  271. May 03 19:04:16 <mogonzo> a great way to build some buzz before we actually do the countdown and remove the password
  272. May 03 19:04:17 <mogonzo> love it
  273. May 03 19:04:25 <mogonzo> HELLLO LOG READER YOU JUST FOUND AN E_ASTER EGG!
  274. May 03 19:04:33 <Oizopower> rofl
  275. May 03 19:04:36 <mogonzo> okay everyone
  276. May 03 19:04:37 <mogonzo> vote time
  277. May 03 19:04:41 <mogonzo> Y
  278. May 03 19:04:48 <Xip> y
  279. May 03 19:04:52 <Oizopower> y
  280. May 03 19:05:08 <mogonzo> (again to clarify, this is voting on a community consult approach to unveiling xip's website)
  281. May 03 19:05:19 <mogonzo> voting will close in 1 minute
  282. May 03 19:05:24 <litepresence> I have to say there is part of me that see's the "community driven" approach moosa was suggesting of contest and voting on coin design
  283. May 03 19:05:32 <mogonzo> I like that too
  284. May 03 19:05:33 <Xip> (..and if NO ONE reads this log and leaks the password and such eventually we'll publish it anyway of course..)
  285. May 03 19:05:36 <mogonzo> but we have budget constraints
  286. May 03 19:05:42 <mogonzo> haha naturally xip
  287. May 03 19:05:45 <mindfox> y
  288. May 03 19:05:54 <Oizopower> lol Xip
  289. May 03 19:05:57 <mogonzo> I think we can have contests, but once we can afford it, that is something I really want to do tho
  290. May 03 19:06:02 <litepresence> it doesn't have to have a "reward" beyond simply having been the designer
  291. May 03 19:06:15 <litepresence> I don't think Lady was looking for $$ so much as recognition
  292. May 03 19:06:15 <mogonzo> I really like it in concept
  293. May 03 19:06:22 <mogonzo> but my biggest concern is logistically organizing it
  294. May 03 19:06:26 <mogonzo> it means reviewing tonnes of submissions
  295. May 03 19:06:30 <LynchyAU> I believe a logo that someone has created being represented by this community is reward enough
  296. May 03 19:06:33 <LynchyAU> that is my belief
  297. May 03 19:06:34 <mogonzo> maybe one day we'll do a logo update
  298. May 03 19:06:44 <mogonzo> as do I
  299. May 03 19:06:49 <mogonzo> which is why we're presenting this to the community
  300. May 03 19:06:54 <mogonzo> but we're also just over a crisis
  301. May 03 19:06:59 <mogonzo> and WhiteCoin needs to assert itself
  302. May 03 19:07:04 <mogonzo> we can't bite off more than we can chew
  303. May 03 19:07:09 <mogonzo> let me tell you, bounty reviewing isn't easy
  304. May 03 19:07:14 <mogonzo> I helped with it for rubycoin
  305. May 03 19:07:25 <OdinYggd> As it is we only narrowly avoided a bounty despite over the wallet
  306. May 03 19:07:27 <mogonzo> it took me like 15 hours to properly review all the submissions
  307. May 03 19:07:34 <mogonzo> exactly
  308. May 03 19:07:37 <mogonzo> bounties cause division
  309. May 03 19:07:43 <litepresence> I never suggested bounty I suggested contest w/ voting. Setting up a forum thread to vote on image submissions isn't difficult
  310. May 03 19:07:45 <mogonzo> this is clear action, and it's extremely high quality work
  311. May 03 19:07:53 <Xip> Well anyway, we'll get to that if the community would truly want us to go ahead with any changes
  312. May 03 19:07:54 <mogonzo> votes can be manipulated by bots
  313. May 03 19:08:04 <mogonzo> we'll be able to gage community consensus
  314. May 03 19:08:08 <mogonzo> let me ask everyone this
  315. May 03 19:08:16 <mogonzo> if we present this as look: tell us what you think
  316. May 03 19:08:23 <mogonzo> do you honestly believe people won't love it?
  317. May 03 19:08:23 <litepresence> If I'm the only one holding it up I'll abstain
  318. May 03 19:08:32 <mogonzo> you don't need to abstain :)
  319. May 03 19:08:47 <mogonzo> this is meant to be a platform for us all to express our opinions to make effective decisions
  320. May 03 19:08:56 <mogonzo> I might disagree with you, but your point of view is essential to the process
  321. May 03 19:09:01 <Oizopower> it's good to talk about it.
  322. May 03 19:09:09 <Oizopower> it will be the new face of WC
  323. May 03 19:09:10 <mogonzo> so by all means if you're an N don't feel like you can't vote that way because I vote Y
  324. May 03 19:09:17 <mogonzo> exactly
  325. May 03 19:09:27 <mogonzo> the approach we're voting on here is to ask the community if the like this
  326. May 03 19:09:44 <Oizopower> ok
  327. May 03 19:09:45 <mogonzo> it's an efficient compromise between community consult, and taking decisive action when the coin needs it imo
  328. May 03 19:09:55 <mogonzo> now we're way over schedule on this
  329. May 03 19:10:00 <Oizopower> =]
  330. May 03 19:10:11 <mogonzo> let's conclude this vote, if there are sufficient N's
  331. May 03 19:10:16 <mogonzo> we can allocate more time at the end of the meeting
  332. May 03 19:10:32 <mogonzo> as it stands I believe we have 4 Y's?
  333. May 03 19:10:55 <Xip> Right seems, so let's continue
  334. May 03 19:11:15 <mogonzo> I see no N's which means this motion carries and is not on the docket for discussion at meeting's end
  335. May 03 19:11:21 <mogonzo> voting will close in 60 seconds
  336. May 03 19:11:52 <mogonzo> unveiling Xip's website as a community consult concept idea
  337. May 03 19:11:58 <asoom> y
  338. May 03 19:12:05 <mogonzo> 5 carries it with those in attendance
  339.  
  340.  
  341. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  342. May 03 19:12:20 <mogonzo> 4. Accounting of costs.
  343. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  344.  
  345. May 03 19:12:20 <mogonzo> A) Centralizing our fund raising addresses: across 3 currencies to start (propose WC, BTC, DOGE). This will allow the public to confirm what we raise, and verify our accounting against expenditures.
  346.  
  347. May 03 19:12:54 <mogonzo> so essentially, this is a discussion about having only 1 official fundraising address per currency we're accepting donations in
  348. May 03 19:13:02 <OdinYggd> Absolutely.
  349. May 03 19:13:02 <Oizopower> We can choose for BC as well? as a token of good will to them?
  350. May 03 19:13:04 <mogonzo> I will now open the floor for comment on this subject
  351. May 03 19:13:07 <asoom> who will control?
  352. May 03 19:13:09 <asoom> the address?
  353. May 03 19:13:10 <mogonzo> I think that's a great idea
  354. May 03 19:13:16 <Xip> Oizopower: Great idea
  355. May 03 19:13:20 <OdinYggd> I think blackcoin would be offended.
  356. May 03 19:13:22 <mogonzo> asoom: that's actually the next item on the agenda
  357. May 03 19:13:22 <litepresence> who is treasurer?
  358. May 03 19:13:23 <LynchyAU> Oziopwer: +1
  359. May 03 19:13:24 <mindfox> marketing wise, is it good to accept other coins?
  360. May 03 19:13:36 <mogonzo> agreeing on this procedure is important for appointing the treasurer
  361. May 03 19:13:55 <asoom> So BTC WC DOGE and BC?
  362. May 03 19:13:56 <mogonzo> so agreeing on this does not mean we will immediately proceed to creating the addresses, only that this is how we would handle fund raising
  363. May 03 19:13:57 <LynchyAU> Odin does bring up a valid point...it could be viewed as though WC is sticking it to them
  364. May 03 19:14:03 <LynchyAU> much like BC has done with WC on their website
  365. May 03 19:14:10 <litepresence> I'd prefer to see BTC LTC and WC
  366. May 03 19:14:12 <mogonzo> yes that is a good point
  367. May 03 19:14:13 <OdinYggd> People giving away blackcoin to dump in order to support WhiteCoin
  368. May 03 19:14:19 <OdinYggd> BTC LTC DOGE and WC
  369. May 03 19:14:22 <asoom> ^
  370. May 03 19:14:24 <mogonzo> perhaps we should reach out to BC and see if they'd like to cooperate somehow
  371. May 03 19:14:25 <Oizopower> ok
  372. May 03 19:14:26 <OdinYggd> Simply because of the scale of Doge usage
  373. May 03 19:14:29 <mogonzo> I agree with adding LTC
  374. May 03 19:14:39 <Oizopower> LTC added is a good idea.
  375. May 03 19:14:46 <Xip> What about just taking WC entirely?
  376. May 03 19:14:52 <mogonzo> I thought about that
  377. May 03 19:14:53 <asoom> BC might cause issues for now lets just keep BTC LTC DOGE WC
  378. May 03 19:14:53 <LynchyAU> perhaps involving any community driven altcoin could be viewed this way
  379. May 03 19:15:03 <litepresence> I don't like the idea of doge including doge is a taint of our image
  380. May 03 19:15:03 <mogonzo> but I think there are other community members who would want to donate in other currencies
  381. May 03 19:15:04 <asoom> xip not enough options imo
  382. May 03 19:15:05 <Oizopower> why the DOGE ?
  383. May 03 19:15:17 <asoom> DOGE is #1 donation crypto
  384. May 03 19:15:21 <asoom> have to include
  385. May 03 19:15:25 <OdinYggd> DOGE is widely known even outside crypto proper. It is very popular for tips and donations
  386. May 03 19:15:27 <asoom> and its community is strong
  387. May 03 19:15:31 <OdinYggd> Their nascar event is taking place tomorrow
  388. May 03 19:15:33 <asoom> we can draw parallels
  389. May 03 19:15:34 <Oizopower> yeah agree on that point
  390. May 03 19:15:46 <litepresence> so why hype their coin?
  391. May 03 19:15:53 <litepresence> BTC and LTC are gold and silver
  392. May 03 19:15:56 <LynchyAU> ^^
  393. May 03 19:15:58 <litepresence> are we bronze or is Doge?
  394. May 03 19:16:08 <Xip> WhiteCoin is white gold isn't that worth most of all? ;-)
  395. May 03 19:16:10 <Oizopower> Only accepting WC shows us we have confident in this coin
  396. May 03 19:16:11 <Oizopower> :)
  397. May 03 19:16:19 <mindfox> I would like to say an idea
  398. May 03 19:16:20 <LynchyAU> I agree with LP
  399. May 03 19:16:25 <mindfox> don't know if it's something... but
  400. May 03 19:16:30 <OdinYggd> By that logic it should then only be btc and wc on the grounds that it is our primary trade pair.
  401. May 03 19:16:37 <mindfox> as like multi-pools that uses exchanges
  402. May 03 19:16:38 <Oizopower> indeed OdinYggd
  403. May 03 19:16:42 <mindfox> why not the fund raising addresses
  404. May 03 19:16:52 <mindfox> state that we accept other coins and we instantly trade them for WC
  405. May 03 19:17:00 <mindfox> automated with a bot
  406. May 03 19:17:16 <Oizopower> sounds like an idea mindfox, accepting the coins the multi pool has
  407. May 03 19:17:17 <OdinYggd> That is possible, but it would require the hosting of a box with all of the relevant coin daemons.
  408. May 03 19:17:19 <mindfox> and the one who send whatever coin can see the transaction
  409. May 03 19:17:26 <OdinYggd> Or simply publishing cryptsy deposit addresses for a dedicated account
  410. May 03 19:17:31 <OdinYggd> and using the cryptsy auto sell feature
  411. May 03 19:17:34 <Oizopower> maybe mculp can automate the sell / buy process
  412. May 03 19:17:38 <mindfox> that could work too
  413. May 03 19:17:40 <mogonzo> okay
  414. May 03 19:17:43 <OdinYggd> Transparency becomes harder to accomplish
  415. May 03 19:17:45 <mindfox> but show that we will be getting our coin :)
  416. May 03 19:17:52 <Oizopower> indeed
  417. May 03 19:18:04 <mogonzo> so it looks like consensus is forming around offering the following for addresses:
  418. May 03 19:18:05 <Oizopower> and put buy pressure the more they donate
  419. May 03 19:18:10 <mogonzo> WC, BTC, LTC, DOGE
  420. May 03 19:18:11 <mindfox> yup
  421. May 03 19:18:21 <mogonzo> any final comments?
  422. May 03 19:18:37 <litepresence> I could fall behind an "all of the above coins" approach.... or a BTC LTC WC.... but adding doge or any other alt besides BTC and LTC is WEAKNESS
  423. May 03 19:18:46 <Oizopower> what about mindfox's idea?
  424. May 03 19:18:58 <Oizopower> i mean it's good and keeping buy pressure
  425. May 03 19:18:58 <mogonzo> I like that
  426. May 03 19:18:59 <OdinYggd> Technically complicated.
  427. May 03 19:18:59 <Oizopower> :)
  428. May 03 19:19:02 <mogonzo> it is
  429. May 03 19:19:06 <OdinYggd> its difficult to keep transparency once you enter an exchange
  430. May 03 19:19:08 <mogonzo> but it's something we can look at for the future
  431. May 03 19:19:18 <mogonzo> the reason I've proposed doge
  432. May 03 19:19:19 <Oizopower> well, we have a multi pool buying WC, accept the coins the multipool has
  433. May 03 19:19:22 <OdinYggd> It is a possibility, but it would rely on an exchange that auto sells like cryptsy
  434. May 03 19:19:23 <Oizopower> and we can write a script
  435. May 03 19:19:25 <mogonzo> is that Iv'e seen a great many of their community members helping and supporting us
  436. May 03 19:19:27 <LynchyAU> mindfox's idea is helping stimulate WC in the process I agree with it
  437. May 03 19:19:31 <mogonzo> I believe donations from that community are likely
  438. May 03 19:19:35 <asoom> ^
  439. May 03 19:19:42 <asoom> i think good to have doge in the end
  440. May 03 19:19:42 <mogonzo> now, another approach is that we could wait for them to ask us to offer it
  441. May 03 19:19:49 <mogonzo> and immediately respond by saying "Of course!"
  442. May 03 19:19:51 <mogonzo> but honestly
  443. May 03 19:19:54 <asoom> no one will care i think u guys over thinking it tbh
  444. May 03 19:19:56 <mogonzo> it feels like a snub in iteslf
  445. May 03 19:19:58 <litepresence> I have no problem w/ the "all of the above" mindfox / cryptsy approach. I just don't like the idea of promoting BC Doge or any other "alt coin"
  446. May 03 19:19:58 <mogonzo> they've been awesome
  447. May 03 19:20:23 <OdinYggd> Thats possible too
  448. May 03 19:20:25 <mogonzo> litepresence: the thing is tho, many other altcoin communities banded to help us
  449. May 03 19:20:29 <OdinYggd> Initially only offer WC and btc
  450. May 03 19:20:31 <mogonzo> so I think that your point on BC is valid
  451. May 03 19:20:38 <OdinYggd> and then if people ask us to accept another coin, have it added
  452. May 03 19:20:39 <mogonzo> but with doge and the other big communities that rallied to help
  453. May 03 19:20:55 <mogonzo> I feel like it would be a snub, and perhaps a little too negatively competitive from our end
  454. May 03 19:20:56 <LynchyAU> 3 Addresses for Core donations (BTC LTC and WC) - Cryptsy addresses setup for all other alts for auto sell/buy
  455. May 03 19:21:12 <mogonzo> I can support that if consensus is building there
  456. May 03 19:21:17 <mogonzo> let's have a subvote
  457. May 03 19:21:36 <mogonzo> all in favor of adding Doge please cast your vote now:
  458. May 03 19:21:37 <litepresence> LynchyAU +1
  459. May 03 19:21:43 <LynchyAU> N
  460. May 03 19:21:48 <litepresence> N
  461. May 03 19:21:52 <OdinYggd> Y
  462. May 03 19:22:04 <Oizopower> N
  463. May 03 19:22:10 <mindfox> y
  464. May 03 19:22:18 <Xip> y
  465. May 03 19:22:24 <mindfox> for the possibility of getting more (explaining my vote)
  466. May 03 19:22:31 <asoom> Y
  467. May 03 19:22:36 <mogonzo> Y
  468. May 03 19:22:38 <mogonzo> motion carried
  469. May 03 19:22:42 <asoom> i have to say yes more donations imo
  470. May 03 19:22:44 <mogonzo> now for the final vote
  471. May 03 19:22:49 <asoom> will help rather than hurt
  472. May 03 19:22:58 <Oizopower> that's treue
  473. May 03 19:23:01 <Oizopower> true*
  474. May 03 19:23:11 <LynchyAU> I wish for mindfox to explain his vote after presenting the auto sell of alts feature to buy WC
  475. May 03 19:23:11 <mogonzo> our first official list of accepted donation currencies will be: WC, BTC, LTC, DOGE
  476. May 03 19:23:18 <mogonzo> please cast your votes now
  477. May 03 19:23:22 <mogonzo> Y
  478. May 03 19:23:26 <OdinYggd> y
  479. May 03 19:23:44 <mindfox> y
  480. May 03 19:23:55 <Oizopower> we need to go somewhere, vote Y
  481. May 03 19:24:20 <mogonzo> voting will close in 60 seconds
  482. May 03 19:24:46 <asoom> y cause its real not that big of a deal imo
  483. May 03 19:24:53 <litepresence> N - doge is a shit coin
  484. May 03 19:25:00 <mogonzo> motion carried
  485. May 03 19:25:02 <mogonzo> next item
  486.  
  487. May 03 19:25:07 <mogonzo> B) We must agree on what areas we need to account for accrued costs and ongoing costs.
  488. May 03 19:25:07 <mogonzo> So far the list is:
  489. May 03 19:25:07 <mogonzo> 1. Devteam payments for work to date
  490. May 03 19:25:07 <mogonzo> 2. Website hosting costs
  491. May 03 19:25:07 <mogonzo> 3. Network maintenance costs
  492. May 03 19:25:07 <mogonzo> 4. PR Team budget (we should be tipping those who have worked so hard for us)
  493. May 03 19:25:07 <mogonzo> 5. Costs for creating a real foundation
  494. May 03 19:25:07 <mogonzo> The floor is now open for suggestions of general item categories to be added to the list.
  495. May 03 19:25:59 <mogonzo> these items will serve as a way for us to delegate the work required to account all these costs, naturally
  496. May 03 19:26:16 <asoom> who will be in charged of donated coins?
  497. May 03 19:26:22 <LynchyAU> ^
  498. May 03 19:26:30 <mogonzo> that is section 5 fund raising methods
  499. May 03 19:26:37 <mogonzo> right now we are agreeing on structure
  500. May 03 19:26:46 <mogonzo> *fund raising methods
  501. May 03 19:27:06 <mogonzo> are there any other suggestions for this list?
  502. May 03 19:27:17 <Oizopower> i'm thinking :)
  503. May 03 19:27:31 <mogonzo> we can always of course add to it later, this is for us to start the research necessary
  504. May 03 19:27:32 <Oizopower> contests ?
  505. May 03 19:27:49 <mogonzo> hmm.. yes that's a good point
  506. May 03 19:27:57 <OdinYggd> Contests would be included in PR Team costs
  507. May 03 19:28:02 <Oizopower> ok
  508. May 03 19:28:06 <mogonzo> yes, or perhaps create a master category
  509. May 03 19:28:07 <OdinYggd> PR team covers operator perks and promotional material purchases
  510. May 03 19:28:08 <mogonzo> PR Costs
  511. May 03 19:28:18 <mogonzo> PR Team & Contests are each sub categories
  512. May 03 19:28:32 <mogonzo> sounds good
  513. May 03 19:28:35 <mogonzo> putting down notes
  514. May 03 19:28:41 <Xip> Managing our own forums, work of moderators, organizing etc. is that considered in PR?
  515. May 03 19:28:50 <LynchyAU> yeah
  516. May 03 19:28:50 <mogonzo> yes
  517. May 03 19:28:52 <Oizopower> yes
  518. May 03 19:28:57 <Xip> Alright
  519. May 03 19:29:04 <mindfox> in my oppinion, each item is necessary
  520. May 03 19:29:11 <mogonzo> agreed
  521. May 03 19:29:19 <mogonzo> okay any last thoughts before we vote on this list?
  522. May 03 19:29:21 <mindfox> but
  523. May 03 19:29:26 <mindfox> there are some costs that are steady
  524. May 03 19:29:28 <mindfox> for example
  525. May 03 19:29:30 <mindfox> web hosting
  526. May 03 19:29:38 <mindfox> [redacted]
  527. May 03 19:29:43 <mindfox> those are actual costs
  528. May 03 19:29:51 <mindfox> not volunteer work
  529. May 03 19:30:01 <mindfox> those costs must be the first to be covered
  530. May 03 19:30:04 <mindfox> am I wrong?
  531. May 03 19:30:09 <litepresence> what about "bounties"
  532. May 03 19:30:14 <mindfox> those are the actual "running" costs
  533. May 03 19:30:29 <asoom> ya what about bounties they are good imo
  534. May 03 19:30:33 <OdinYggd> Yes. Actual operating costs that failure to pay results in bad things happening need to be high priority
  535. May 03 19:30:46 <Xip> mindfox: Of course
  536. May 03 19:30:50 <OdinYggd> I lost one of my servers back in April because I missed a payment and the provider went nuclear on it
  537. May 03 19:30:58 <litepresence> Odin +1
  538. May 03 19:31:01 <mindfox> so, whatever is left after paying those is to be considered as funding the other areas
  539. May 03 19:31:12 <mogonzo> all of this stuff is great, taking notes
  540. May 03 19:31:27 <mogonzo> I agree those who have paid for actual hosting and servers for us need to be compensated
  541. May 03 19:31:33 <Xip> Also we have to go through those costs as well and be transparent about it
  542. May 03 19:31:34 <Oizopower> web hosting / domains etc
  543. May 03 19:31:37 <mogonzo> exactly
  544. May 03 19:31:57 <mogonzo> so the steps would be to gather all those costs, present to community
  545. May 03 19:32:04 <mogonzo> vote in leadership council
  546. May 03 19:32:12 <mogonzo> proceed with payments as we receive funding
  547. May 03 19:32:43 <litepresence> I believe promo has incurred some costs related to the server
  548. May 03 19:32:51 <mogonzo> tho I do think right now, our immediate list needs to focus on costs for the immediate future
  549. May 03 19:32:55 <mogonzo> yes
  550. May 03 19:33:02 <mogonzo> qutie a few people have
  551. May 03 19:33:08 <mogonzo> so we need to get a list of all of that
  552. May 03 19:33:32 <litepresence> I feel the coin is also indebted to fox and west
  553. May 03 19:33:34 <mogonzo> I'm going to call for a vote on this list because we're again running into time constraints
  554. May 03 19:33:40 <mogonzo> absolutely
  555. May 03 19:34:07 <mogonzo> Y is my vote on the list as proposed, because I believe we can add these other great ideas at the next meeting
  556. May 03 19:34:12 <LynchyAU> I believe we shouldn't discredit tf2's work here as well
  557. May 03 19:34:24 <mogonzo> and most of what's been discussed here falls under these catagories
  558. May 03 19:34:27 <Oizopower> absolutely LynchyAU
  559. May 03 19:34:29 <Oizopower> agree
  560. May 03 19:34:32 <Xip> LynchyAU: We shouldn't discredit anyone's work ever
  561. May 03 19:34:42 <mogonzo> agreed
  562. May 03 19:35:00 <mindfox> [01:33] <@mogonzo> and most of what's been discussed here falls under these catagories <-- I agree
  563. May 03 19:35:00 <Oizopower> btw..
  564. May 03 19:35:05 <OdinYggd> TF2 still represents Poloniex. Further involvement with him may be required in the future.
  565. May 03 19:35:07 <mogonzo> what happened with TF2 was an unfortunate miscommunication and personal dispute, nothing more, his skill had nothing to do with it
  566. May 03 19:35:11 <Oizopower> what about SEA?
  567. May 03 19:35:11 <asoom> list is far from complete but i think so far is not bad
  568. May 03 19:35:12 <OdinYggd> However it is still a delicate situation.
  569. May 03 19:35:13 <Xip> Those that helps this coin forward should be rewarded and praised by all of us.
  570. May 03 19:35:15 <mogonzo> okay everyone
  571. May 03 19:35:18 <mogonzo> back on topic
  572. May 03 19:35:25 <mogonzo> we have to Y's from what I can see
  573. May 03 19:35:37 <mogonzo> please cast your votes now so we can proceed
  574. May 03 19:35:37 <litepresence> tf2's comments about west's wallet being "amateur" were very anti WhiteCoin
  575. May 03 19:35:49 <mogonzo> yeah I'm not too impressed, naturally
  576. May 03 19:35:51 <Oizopower> Y
  577. May 03 19:35:54 <mogonzo> 3 Y's
  578. May 03 19:36:04 <mogonzo> voting will close in 30 seconds
  579. May 03 19:36:07 <mindfox> y
  580. May 03 19:36:16 <LynchyAU> LP - It still doesn't mean we should stoop to that level and remove his credit
  581. May 03 19:36:19 <litepresence> I'm not exactly sure what we're agreeing to?
  582. May 03 19:36:25 <LynchyAU> ^
  583. May 03 19:36:29 <Oizopower> they above list
  584. May 03 19:36:30 <mindfox> the items for funding
  585. May 03 19:36:33 <mogonzo> that these are the categories under which we will account for our finances
  586. May 03 19:36:35 <LynchyAU> y
  587. May 03 19:36:43 <mogonzo> 1. Devteam payments for work to date
  588. May 03 19:36:43 <mogonzo> 2. Website hosting costs
  589. May 03 19:36:43 <mogonzo> 3. Network maintenance costs
  590. May 03 19:36:43 <mogonzo> 4. PR Team budget (we should be tipping those who have worked so hard for us, contest budget)
  591. May 03 19:36:43 <mogonzo> 5. Costs for creating a real foundation
  592. May 03 19:36:44 <Xip> y
  593. May 03 19:36:49 <mogonzo> motion carried
  594.  
  595. May 03 19:36:57 <mogonzo> C) Delegate accounting tasks: (individuals will gather a full list of all costs in their assigned category)
  596. May 03 19:36:57 <mogonzo> 1. Devteam payments for work to date (Mogonzo will assemble full report for the team)
  597. May 03 19:36:57 <mogonzo> 2. Website hosting costs (Nominate Xip)
  598. May 03 19:36:57 <mogonzo> 3. Network maintenance costs (nominate CryptoWest)
  599. May 03 19:36:57 <mogonzo> 4. PR Team budget (nominate odin)
  600. May 03 19:36:57 <mogonzo> 5. Costs for creating a real foundation (mogonzo will assemble full report for the team)
  601.  
  602. May 03 19:37:13 <mogonzo> floor is now open for volunteers
  603. May 03 19:37:16 <mogonzo> and discussion
  604. May 03 19:37:23 <litepresence> I feel like we should have clarified importance issues before moving on
  605. May 03 19:37:30 <mogonzo> and those I have nominated should not feel pressured, I've merely listed you because I think you'd be good at it
  606. May 03 19:37:52 <mogonzo> LP: I put these ahead of agreeing to treasurer because I believe that will be a lengthy discussion
  607. May 03 19:37:58 <mogonzo> and wanted to bang through the accounting practices first
  608. May 03 19:38:13 <mogonzo> seems like the motion carries, double checking
  609. May 03 19:38:22 <LynchyAU> Are these in order of priority?
  610. May 03 19:38:28 <mogonzo> no
  611. May 03 19:38:32 <mogonzo> just a list
  612. May 03 19:38:37 <LynchyAU> k
  613. May 03 19:38:47 <mogonzo> oh shit I totally lost track of where we were lol
  614. May 03 19:38:51 <mogonzo> we haven't voted on this hah
  615. May 03 19:38:59 <mogonzo> too many screens..
  616. May 03 19:39:00 <mogonzo> ok
  617. May 03 19:39:02 <mindfox> lol
  618. May 03 19:39:05 <mindfox> me too
  619. May 03 19:39:36 <mogonzo> so lets' work down the list
  620. May 03 19:39:47 <mogonzo> Xip you've already paid for hosting costs, heh, so that's why I nominated you
  621. May 03 19:39:49 <mogonzo> that work?
  622. May 03 19:40:00 <Xip> Of course
  623. May 03 19:40:04 <mogonzo> sweet
  624. [redacted]
  625. May 03 19:40:16 <mogonzo> I see either CW or Mindfox being best for this
  626. May 03 19:40:23 <mogonzo> CW is asleep and should stay that way for a while imo
  627. May 03 19:40:26 <litepresence> isn't promo paying for this now?
  628. May 03 19:40:27 <mogonzo> so mindfox are you up for that?
  629. May 03 19:40:30 <mogonzo> could be
  630. May 03 19:40:34 <mogonzo> so perhaps we should ask him
  631. May 03 19:40:39 <mogonzo> we can defer naming someone on that
  632. May 03 19:40:55 <mindfox> for the costs you mean?
  633. May 03 19:40:58 <LynchyAU> LP - As far as I am aware yes
  634. May 03 19:41:04 <mogonzo> yes, accounting for the current costs
  635. May 03 19:41:07 <mogonzo> and what it will cost in the future
  636. May 03 19:41:27 <mindfox> if I remember correctly, someone already paid for something
  637. May 03 19:41:32 <mogonzo> yes I agree
  638. May 03 19:41:34 <mindfox> remove that "security reasons"
  639. May 03 19:41:36 <mogonzo> I thought CW picked up some of it too
  640. May 03 19:41:37 <mindfox> [redacted]
  641. May 03 19:41:40 <mogonzo> for sure
  642. May 03 19:41:43 <mogonzo> agreed
  643. May 03 19:41:49 <mindfox> so, what's left?
  644. May 03 19:41:54 <Xip> So this is for voting who will go through the COSTS of each category, correct?
  645. May 03 19:41:55 <mogonzo> PR team budget
  646. May 03 19:41:56 <Oizopower> mindfox: yes i had rented some
  647. May 03 19:41:57 <Oizopower> :)
  648. May 03 19:41:59 <mindfox> I do not know previous expenses
  649. May 03 19:41:59 <litepresence> on the subject of cost... how much longer will promo need to keep hash pointed at WC? I think he's doing this w/ funds directed at a wallet that aren't even his.
  650. May 03 19:42:05 <mogonzo> Odin and OIz have worked the closest with people
  651. May 03 19:42:22 <mogonzo> what's required for that one is getting a list of the hardest workers, and recommendations for waht we should pay them
  652. May 03 19:42:24 <mogonzo> for work to date
  653. May 03 19:42:27 <LynchyAU> As far as I am aware LP that wallet is owned by Odin
  654. May 03 19:42:46 <mogonzo> LP: as soon as PoW ends tonight it won't be needed anymore, so at block 17500
  655. May 03 19:42:48 <litepresence> What are those funds being used for?
  656. May 03 19:42:54 <asoom> LP, prom will end after 17,500 i suppose
  657. May 03 19:43:00 <mogonzo> kk
  658. May 03 19:43:02 <asoom> after PoW is done
  659. May 03 19:43:07 <Oizopower> prom is not helping now right?
  660. May 03 19:43:08 <LynchyAU> ^^ - the wallet is being donated to this foundation
  661. May 03 19:43:12 <Oizopower> only in case of emergency
  662. May 03 19:43:13 <asoom> ^
  663. May 03 19:43:15 <mogonzo> yeah i think we need to defer appointing who will account for these costs until we can make contact with Promo and CW
  664. May 03 19:43:27 <litepresence> agreed
  665. May 03 19:43:32 <mogonzo> any objections?
  666. May 03 19:43:35 <asoom> oizo no he has been directing hash since yesterday i think
  667. May 03 19:43:41 <Oizopower> no asoom
  668. May 03 19:43:42 <OdinYggd> PoW protection can stop at block 17500
  669. May 03 19:43:44 <mogonzo> okay
  670. May 03 19:43:44 <OdinYggd> This is mere hours away
  671. May 03 19:43:51 <mogonzo> lets finish this
  672. May 03 19:43:53 <mogonzo> and get to the meat
  673.  
  674. May 03 19:43:56 <mogonzo> PR Team budget
  675. May 03 19:44:07 <mogonzo> <mogonzo> Odin and OIz have worked the closest with people
  676. May 03 19:44:07 <mogonzo> <mogonzo> what's required for that one is getting a list of the hardest workers, and recommendations for waht we should pay them
  677. May 03 19:44:07 <mogonzo> <mogonzo> for work to date
  678. May 03 19:44:13 <mogonzo> any volunteers?
  679. May 03 19:44:39 <Oizopower> well on IRC OdinYggd and I are the most active, has been worked out ok. because im in a diff timezone than most of you
  680. May 03 19:44:39 <mogonzo> we can defer if no one in here has the time
  681. May 03 19:44:48 <mogonzo> right
  682. May 03 19:45:01 <mindfox> I can also assist as much as time allows me
  683. May 03 19:45:01 <Xip> Again just to get some clarification on this. We are not now voting for who will hold the keys for the cash but rather who will go through the cost of each category?
  684.  
  685. May 03 19:45:03 <mindfox> for irc
  686. May 03 19:45:03 <mogonzo> yeah I just need someone who's got a good sense for who's been really helpful and therefore who deserves reward
  687. May 03 19:45:11 <mogonzo> exactly Xip
  688. May 03 19:45:12 <litepresence> what about "ladyWhiteCoin"
  689. May 03 19:45:13 <mindfox> ah, ops sorry
  690. May 03 19:45:14 <LynchyAU> I am in a completely opposite timezone to 90% of you... I don't wish for payment but some credit on that might be nice
  691. May 03 19:45:30 <mogonzo> everyone who helped us is going to get credit
  692. May 03 19:45:39 <mogonzo> I'm going to make a massive thank you post and a huge deal about it :)
  693. May 03 19:45:43 <mogonzo> now
  694. May 03 19:45:46 <mogonzo> let's get through this
  695. May 03 19:46:03 <mogonzo> any volunteers to create a list of names for who needs to be rewarded for their PR help?
  696. May 03 19:46:10 <OdinYggd> I've been here around 16-18 hours per day for the past week. If anything else happens in the next week I'll have to get treated for carpyl tunnel from all the typing. If we can't quite finish this matter now we'll have to address it next meeting
  697. May 03 19:46:18 <mogonzo> we'll close discussion in 60 seconds otherwise defer for next meeting
  698. May 03 19:46:28 <mogonzo> agreed
  699. May 03 19:46:33 <mogonzo> okay moving to vote and close this matter
  700. May 03 19:46:56 <litepresence> I don't feel anyone deserves any funding for previous work (sans fox and west)... but consideration for funding for future work based on past performance
  701. May 03 19:46:56 <mogonzo> 1. Devteam payments for work to date (Mogonzo will assemble full report for the team)
  702. May 03 19:46:56 <mogonzo> 2. Website hosting costs (Xip)
  703. May 03 19:46:56 <mogonzo> 3. Network maintenance costs (defer,reaching out to prom)
  704. May 03 19:46:56 <mogonzo> 4. PR Team budget (defer)
  705. May 03 19:46:56 <mogonzo> 5. Costs for creating a real foundation (mogonzo will assemble full report for the team)
  706. May 03 19:47:02 <mogonzo> ^ cast your votes
  707. May 03 19:47:03 <mogonzo> Y
  708. May 03 19:47:14 <mindfox> y
  709. May 03 19:47:33 <mogonzo> voting will close in 60 seconds
  710. May 03 19:47:39 <Xip> y
  711. May 03 19:47:43 <Oizopower> y
  712. May 03 19:47:44 <litepresence> we didn't address "foundation" in our discussion
  713. May 03 19:47:54 <litepresence> what do you roughly propose?
  714. May 03 19:48:02 <litepresence> what are your rough expected costs?
  715. May 03 19:48:04 <mogonzo> that I research and gather costs
  716. May 03 19:48:13 <Xip> He'll get back to us on that
  717. May 03 19:48:16 <Xip> and we'll discuss that in the future
  718. May 03 19:48:17 <mogonzo> I think we should be able to start at low cost, below $500 inc legal fees
  719. May 03 19:48:27 <asoom> we are agreeing on list with no details?
  720. May 03 19:48:32 <mogonzo> but I'll present a full report and we'll vote together before we move
  721. May 03 19:48:34 <asoom> agreeing*
  722. May 03 19:48:35 <mogonzo> no
  723. May 03 19:48:41 <mogonzo> we're agreegin I will assemble the list
  724. May 03 19:48:52 <mindfox> exactly, that's what I understood
  725. May 03 19:48:52 <mogonzo> this is about accounting practices
  726. May 03 19:48:57 <asoom> how soon will you get details i want to see cause thats really important
  727. May 03 19:48:59 <mogonzo> so we can be transparent with the community
  728. May 03 19:49:01 <litepresence> so no implied costs incurred to "assemble this list of legal costs"
  729. May 03 19:49:02 <asoom> ok
  730. May 03 19:49:09 <mogonzo> this week for sure
  731. May 03 19:49:28 <OdinYggd> Filing for an LLC in the state of New York cost me $500 to start and $100 yearly in legal fees
  732. May 03 19:49:29 <asoom> i see
  733. May 03 19:49:31 <mogonzo> there will likely be a small legal cost to validate what we found yes
  734. May 03 19:49:34 <OdinYggd> This is within our reach.
  735. May 03 19:49:38 <OdinYggd> Just not with our current funding
  736. May 03 19:49:42 <mogonzo> right
  737. May 03 19:49:44 <mogonzo> okay
  738. May 03 19:49:53 <mogonzo> so we need one more Y on this list to agree
  739. May 03 19:49:55 <Xip> OdinYggd: Well we're not going to be a corporation, we'll be a non-profit
  740. May 03 19:50:00 <mogonzo> and then we can talk who will manage the money
  741. May 03 19:50:07 <litepresence> I just know how lawyers are... I don't like open ended costs related to 15m calls w/ lawyers to find things out.
  742. May 03 19:50:15 <mogonzo> that won't happen
  743. May 03 19:50:26 <mogonzo> I have lawyers in the family, I'll minimize costs wherever I can
  744. May 03 19:50:30 <mogonzo> we need to move on from this
  745. May 03 19:50:32 <Xip> litepresence: we'll be transparent of course when it comes to whatever we do
  746. May 03 19:50:33 <mogonzo> that's for our next meeting
  747. May 03 19:50:37 <mogonzo> exactly
  748. May 03 19:50:44 <OdinYggd> Correct. I don't know the procedures for establishing a non profit organization
  749. May 03 19:50:45 <Xip> we'll discuss everything from now on
  750. May 03 19:50:53 <OdinYggd> yes.
  751. May 03 19:50:56 <mogonzo> okay
  752. May 03 19:50:59 <mogonzo> any objections to this list?
  753. May 03 19:51:03 <mogonzo> we've got 4 Y's
  754. May 03 19:51:14 <litepresence> Y
  755. May 03 19:51:14 <mogonzo> voting closes in 30 seconds, motion carries unless there are serious objections at this point
  756. May 03 19:51:18 <mogonzo> ahh nice
  757. May 03 19:51:18 <mogonzo> kk
  758. May 03 19:51:20 <OdinYggd> I think we should hold off on deciding volunteer compensation and structural costs at this time. Lets get a treasury established and build up resources.
  759. May 03 19:51:20 <mogonzo> motion carried
  760. May 03 19:51:20 <asoom> ok
  761. May 03 19:51:24 <mogonzo> now before I post this
  762. May 03 19:51:27 <OdinYggd> That works too
  763. May 03 19:51:35 <mogonzo> I'm going to say I expect a lot of discussion on this point
  764. May 03 19:51:38 <mogonzo> so, if we run over 10 mins
  765. May 03 19:51:44 <mogonzo> I'll propose a brief pause
  766.  
  767.  
  768. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  769. May 03 19:52:07 <mogonzo> 5. Fund raising methods
  770. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  771.  
  772. May 03 19:52:07 <mogonzo> A) The position mogonzo is in: As the 'front face' of this team, my name is at stake over how we handle fund raising and manage the accounts. I have concerns over using a community member for escrow if I don't know them personally. I therefore propose the following:
  773.  
  774. May 03 19:52:07 <mogonzo> I would account for donations, costs, and expenditures under my own personal taxes (as needed, I do not believe in the end I'll need to file personally for this as the foundation should be able to merge what I account for after it's up). This way, a real person is officially accountable for what happens with the finances. I would not spend the foundation's money without approval of the leadership team here
  775.  
  776. May 03 19:52:07 <mogonzo> If agreed, we would present this plan along with an accounting of our finances to the community when first payments are issued. I hope everyone understands given how the crypto world operates, I'd be doing this at considerable personal risk. However, i don't see a viable alternative to start this immediately.
  777. May 03 19:52:07 <mogonzo> The floor is now open for comments, and I am eager to here options I haven't considered.
  778. May 03 19:52:42 <OdinYggd> Keep all foundation related accounting matters in a dedicated account.
  779. May 03 19:52:51 <OdinYggd> The type of account does not matter, but do not for any reason mix it with your own bank accounts
  780. May 03 19:52:54 <mogonzo> exactly
  781. May 03 19:52:58 <mogonzo> yes
  782. May 03 19:53:00 <OdinYggd> This will aid in future separation, and streamline auditing
  783. May 03 19:53:01 <mogonzo> and crypto as well
  784. May 03 19:53:12 <mogonzo> absolutely
  785. May 03 19:53:38 <mindfox> I believe that it is necessary to have a bank account for a non-profit foundation for donations
  786. May 03 19:53:41 <mindfox> I might be mistaken
  787. May 03 19:53:45 <mogonzo> yes, it will be
  788. May 03 19:53:57 <mindfox> so, we're talking before a legal foundation is established?
  789. May 03 19:53:59 <mogonzo> and that will require me creating an account with a canadian BTC/fiat exchange
  790. May 03 19:53:59 <litepresence> Is there anyone else in this room that would prefer to hold WhiteCoin funds in escrow?
  791. May 03 19:54:06 <litepresence> moosa?
  792. May 03 19:54:12 <mogonzo> I am open to that
  793. May 03 19:54:29 <LynchyAU> I believe the best system would be multisig crypto accounts
  794. May 03 19:54:34 <asoom> I am doing escrow right now lol
  795. May 03 19:54:34 <mogonzo> but I need to trust the escrow service and completely understand how the process works, as well as have legal recourse if expectations aren't met
  796. May 03 19:54:39 <mogonzo> before I'd personally endorse it
  797. May 03 19:54:41 <mindfox> I tend to agree with LynchyAU
  798. May 03 19:54:46 <Xip> I don't think the power should be on one person to be honest
  799. May 03 19:54:53 <mogonzo> I def agree with that
  800. May 03 19:54:54 <asoom> but its up to you guys
  801. May 03 19:54:58 <mogonzo> the idea here
  802. May 03 19:55:01 <mogonzo> would be that I have one key
  803. May 03 19:55:02 <LynchyAU> Xip: Hence multisig
  804. May 03 19:55:03 <mogonzo> the team has the other key
  805. May 03 19:55:07 <Xip> LynchyAU: I agree
  806. May 03 19:55:17 <LynchyAU> I vote a community appointed key
  807. May 03 19:55:19 <OdinYggd> Xip, budgets will have to be prepared and brought to this room for approval.
  808. May 03 19:55:21 <LynchyAU> for the 3rd key
  809. May 03 19:55:23 <mogonzo> no disbursements would occur without consent of the team, iow
  810. May 03 19:55:34 <OdinYggd> However, it is simplest to have one person physically manage it, with a second person auditing
  811. May 03 19:55:34 <mogonzo> I really like that idea
  812. May 03 19:55:40 <mogonzo> we'd need to agree on a real and solid approach for it
  813. May 03 19:55:53 <mogonzo> though
  814. May 03 19:55:55 <Xip> I think that we should say we go another meeting
  815. May 03 19:55:58 <mogonzo> we will also be adding community reps in here
  816. May 03 19:56:01 <Xip> To figure it out
  817. May 03 19:56:11 <mogonzo> but in the meantime, we do need to start fund raising
  818. May 03 19:56:23 <mogonzo> and the funds need to go somewhere that we're all confident they won't be fucked with
  819. May 03 19:56:38 <LynchyAU> 1 key to Mogonzo, 1 key to another team member, 1 key to community rep (voted in by WC community)
  820. May 03 19:56:38 <OdinYggd> I will propose then that we temporally pick someone to collect funds at, with plans to formalize the structure in the future
  821. May 03 19:56:46 <litepresence> Whatever we decide w/ regard to "treasurer" should have "checks and balances".
  822. May 03 19:56:46 <OdinYggd> Our current ability is crippled by the lack of funding
  823. May 03 19:56:53 <mogonzo> LynchyAU: the only problem with that I see
  824. May 03 19:57:08 <mogonzo> is that there is the potential for deadlocks there
  825. May 03 19:57:11 <mogonzo> that could cripple the fund
  826. May 03 19:57:17 <mogonzo> like with American politics
  827. May 03 19:57:24 <mogonzo> so we would need a detailed process
  828. May 03 19:57:27 <mogonzo> to vet that community rep
  829. May 03 19:57:30 <LynchyAU> of course
  830. May 03 19:57:35 <asoom> Like I said I am known in the community as trustworthy and have done escrow for others but I can understand why I wont be preferred, its up to you guys really
  831. May 03 19:57:41 <mogonzo> which I think is extremely complicated for implementing now
  832. May 03 19:57:51 <mogonzo> right
  833. May 03 19:57:55 <litepresence> I trust MoosaNYC w/ funds he has a reputation beyond WC on the line
  834. May 03 19:57:56 <mogonzo> and please don't take this the wrong way asoom
  835. May 03 19:58:00 <mogonzo> but from my own personal standpoint
  836. May 03 19:58:03 <Oizopower> split keys over different countries.
  837. May 03 19:58:06 <mogonzo> I've known you only a week
  838. May 03 19:58:08 <OdinYggd> Another complication with who manages the funding is the fact that people seem to be a bit iffy about trusting chunky-related people with WhiteCoin matters
  839. May 03 19:58:09 <mogonzo> and you're awesome
  840. May 03 19:58:14 <asoom> :)
  841. May 03 19:58:15 <OdinYggd> The reputation there isn't in the best of shape
  842. May 03 19:58:18 <mogonzo> but if we agreed to do it via you
  843. May 03 19:58:21 <mogonzo> which I am very open to
  844. May 03 19:58:21 <mindfox> my opinion is that if we are to use escrow, it should be with someone outside this room
  845. May 03 19:58:23 <OdinYggd> We've had a few fuds now come from that
  846. May 03 19:58:34 <mogonzo> I'd need you to fully identify yourself to me and sign some contracts
  847. May 03 19:58:41 <mogonzo> before I could endorse it
  848. May 03 19:58:42 <mindfox> otherwise, anyone could accuse us
  849. May 03 19:58:43 <mogonzo> and that's nothing personal
  850. May 03 19:58:49 <mindfox> escrowing our own funds?
  851. May 03 19:58:52 <mogonzo> that's about showing the community that I've taken steps to protect the fund
  852. May 03 19:58:52 <asoom> i see like i said up to u guys
  853. May 03 19:58:58 <asoom> yep
  854. May 03 19:59:02 <mindfox> no, of course nothing personal. I'm just saying
  855. May 03 19:59:03 <litepresence> I trust Simran or Koolio for escrow services outside of this room.
  856. May 03 19:59:13 <mogonzo> but these are also people I don't know at all
  857. May 03 19:59:22 <LynchyAU> o-O
  858. May 03 19:59:24 <mogonzo> I'm not trying to force this
  859. May 03 19:59:26 <mogonzo> on anyone
  860. May 03 19:59:39 <mogonzo> I hope you can see what i mean but I'm unsure of simple alternatives
  861. May 03 19:59:45 <litepresence> Simran runs a "paypal to cash" service with reviews at bitcointalk. Koolio is a BTCe mod like MoosaNYC
  862. May 03 19:59:45 <mogonzo> unless we use an official escrow
  863. May 03 19:59:54 <mogonzo> which would of course cost us like 5%?
  864. May 03 20:00:03 <mindfox> official escrow will take more than funding
  865. May 03 20:00:08 <mogonzo> indeed
  866. May 03 20:00:13 <mogonzo> see, I'm open to them too
  867. May 03 20:00:17 <mogonzo> but the same would apply
  868. May 03 20:00:17 <mindfox> you mean a lawyer, right?
  869. May 03 20:00:30 <litepresence> I think either simran or koolio would do it probono
  870. May 03 20:00:30 <mindfox> that's what official means
  871. May 03 20:00:32 <mogonzo> well there are online escrow services, as far as I've been told
  872. May 03 20:00:45 <mindfox> lawyers then :)
  873. May 03 20:00:45 <mogonzo> but for fiat, yes I think we would need a lawyer
  874. May 03 20:00:46 <OdinYggd> What about asking Prometheus
  875. May 03 20:00:50 <litepresence> paulgr from btce would probably also do it probono
  876. May 03 20:00:53 <OdinYggd> He seems to be well versed in accounting practices
  877. May 03 20:00:57 <litepresence> paulgr another btce mod
  878. May 03 20:01:00 <asoom> I know Simran is very very trustworthy in the community and forums
  879. May 03 20:01:04 <LynchyAU> LP +1
  880. May 03 20:01:22 <mogonzo> okay I'm going to go for a smoke and think about all this, and hope hat helps to open the floor up more
  881. May 03 20:01:33 <mogonzo> if there are direct questions for me, please highlight me so I see them clearly when I return
  882. May 03 20:01:40 <Oizopower> ok
  883. May 03 20:01:50 <litepresence> involving a "non WhiteCoin foundation" entity as our escrow would lend credibility
  884. May 03 20:01:51 <Xip> I think we should take this to another meeting
  885. May 03 20:01:53 <mogonzo> natrually, if we did choose me, I would be willing to meet the various conditions this group wants to set
  886. May 03 20:01:57 <Xip> Because I do feel this is not just one single vote
  887. May 03 20:02:05 <mogonzo> yeah I'm leaning that way too
  888. May 03 20:02:10 <mogonzo> but I Think we should discuss at least a bit more here now
  889. May 03 20:02:15 <mogonzo> because my concern is that if we don't act fast
  890. May 03 20:02:21 <mogonzo> with the momentum and support being put out
  891. May 03 20:02:25 <Oizopower> we need to discuss only all the possible options in this point
  892. May 03 20:02:30 <mogonzo> we'll lose a big public side fund raising opportunity
  893. May 03 20:02:37 <mogonzo> yes I agree with Oiz
  894. May 03 20:02:40 <Oizopower> and in the next quick meeting discuss further on those points
  895. May 03 20:02:44 <mogonzo> we need something that will allow us to begin as soon as PoW ends
  896. May 03 20:02:46 <Oizopower> so people can sleep a day over it
  897. May 03 20:02:48 <mogonzo> yes
  898. May 03 20:02:53 <Oizopower> i dont mind sitting tomorrow again
  899. May 03 20:02:55 <asoom> lets resume this for another meeting ah getting close to dinner time
  900. May 03 20:02:55 <mogonzo> and I think what ever we choose
  901. May 03 20:03:08 <mogonzo> perhaps we should agree on a specific time line for this approach before review and possible replacement of position
  902. May 03 20:03:13 <mogonzo> like 24 hours or something
  903. May 03 20:04:19 <litepresence> I don't mean to be a stick in the mud about any of this.. I'm just giving input. I have no "problem" w/ mogonzo as our treasurer beyond how much the community may trust him.
  904. May 03 20:04:25 <mindfox> fine by me (although timezone difference kills me :) )
  905. May 03 20:04:40 <OdinYggd> It is positively dangerous to put too much trust in any one person.
  906. May 03 20:04:52 <litepresence> that's all I'm ssaying
  907. May 03 20:04:54 <Oizopower> mindfox: must be 2 AM in Greece?
  908. May 03 20:04:57 <OdinYggd> The treasurer should be someone we can count on, with knowledge and experience in handling other people's money.
  909. May 03 20:05:02 <mindfox> Oizopower: yes
  910. May 03 20:05:03 <OdinYggd> Certified public accountant preferred
  911. May 03 20:05:08 <mindfox> but I'm used in those hours :)
  912. May 03 20:05:12 <Oizopower> hehe
  913. May 03 20:05:22 <litepresence> Simran +1 I trust that kid. He's moved stacks for me. http://CCoinPal.com/ ftw ;)
  914. May 03 20:05:23 <mindfox> I should be called: batman
  915. May 03 20:05:47 <Oizopower> well 1 person having all the funds is not a option i think (from this group)
  916. May 03 20:05:49 <Xip> Why put everything one person? We could use more than one, split things up.
  917. May 03 20:06:03 <Oizopower> that person can rage and quit
  918. May 03 20:06:04 <Oizopower> ;)
  919. May 03 20:06:29 <litepresence> tru^
  920. May 03 20:06:32 <Xip> And that's why I think we should think about this and then bring this up on another meeting
  921. May 03 20:06:38 <Oizopower> but divide it like Xip said may not be a bad option for the beginning
  922. May 03 20:06:40 <mindfox> it is a possibility with whatever option we chose
  923. May 03 20:06:47 <Oizopower> dividing*
  924. May 03 20:06:51 <mindfox> remember: cryptocurrency is not true money to the eyes of the law
  925. May 03 20:06:55 <mindfox> only the irs
  926. May 03 20:06:57 <Oizopower> if 1 person rage quit, you don't loose al
  927. l
  928. May 03 20:07:10 <Oizopower> but the risk is higher
  929. May 03 20:07:11 <Xip> IRS is a US thing, not everyone is located in US ;-)
  930. May 03 20:07:20 <Oizopower> << NL
  931. May 03 20:07:20 <mindfox> true that
  932. May 03 20:07:23 <mindfox> << GR
  933. May 03 20:07:27 <mindfox> but forget about me
  934. May 03 20:07:28 <Xip> << SWE
  935. May 03 20:07:42 <mindfox> in my country, having kids is a proof of yearly income... lol
  936. May 03 20:07:42 <Oizopower> NL is pretty pro crypto ;)
  937. May 03 20:08:01 <Xip> Most laws regarding "crypto" is about Bitcoin
  938. May 03 20:08:04 <Oizopower> we even have a bitcoin street
  939. May 03 20:08:05 <Oizopower> :D
  940. May 03 20:08:15 <mogonzo> I agree with Odin's point about putting the trust in any one person
  941. May 03 20:08:26 <mogonzo> and I had great reservations about even suggesting this tbh
  942. May 03 20:08:27 <asoom> < NY
  943. May 03 20:08:37 <OdinYggd> That is a very valid idea, having multiple people managing funds
  944. May 03 20:08:43 <mindfox> can I make one crazy suggestion?
  945. May 03 20:08:45 <OdinYggd> Like so if there is a problem, we do not lose 100%
  946. May 03 20:08:50 <litepresence> < MOON waiting for WC
  947. May 03 20:08:51 <mogonzo> I think that is also a very good idea
  948. May 03 20:08:52 <mindfox> instead of having people, would the exchanges do that for us?
  949. May 03 20:08:59 <Oizopower> OdinYggd: yes, but the risk of losing funds is higher
  950. May 03 20:09:04 <OdinYggd> True.
  951. May 03 20:09:05 <mogonzo> you took the word out of my mouth, we could ask mintpal
  952. May 03 20:09:08 <Oizopower> only you lose less
  953. May 03 20:09:10 <Oizopower> :)
  954. May 03 20:09:12 <mogonzo> but jsut to finish my thought from above
  955. May 03 20:09:21 <OdinYggd> This would be an interesting promotional feature for mintpal. "Nonprofit account"
  956. May 03 20:09:25 *mindfox returns word
  957. May 03 20:09:25 <LynchyAU> I still believe that multisig is the way to go...someone outside wc foundation can be given a key and mogonzo the other
  958. May 03 20:09:27 <OdinYggd> All transactions are public viewable
  959. May 03 20:09:31 <mogonzo> the reason I decided to proceed with my original proposal re being treasurer
  960. May 03 20:09:51 <litepresence> +1 for Mintpal Jay as treasurer <<< HUGE WIN
  961. May 03 20:09:59 <mogonzo> Is that I'm hoping it's clear to everyone in here as well as the public
  962. May 03 20:10:05 <Oizopower> would be awesome
  963. May 03 20:10:08 <mogonzo> that it would be disastrous for me to mismanage this fund
  964. May 03 20:10:12 <Xip> We'll think about it for a while and we'll take it for next meeting
  965. May 03 20:10:16 <Xip> Perhaps also the community has suggestions
  966. May 03 20:10:18 <mogonzo> or agree to a process that leaves it vulnerable to easy mismanagement
  967. May 03 20:10:25 <Oizopower> but what if.... the exchange closes
  968. May 03 20:10:32 <mogonzo> that's another concern too
  969. May 03 20:10:32 <Oizopower> it will be his personal funds
  970. May 03 20:10:38 <mogonzo> that's the thing here
  971. May 03 20:10:40 <Oizopower> that are taken
  972. May 03 20:10:44 <mogonzo> I'd be agreeing to everyone
  973. May 03 20:10:53 <mogonzo> that I'd be personally liable for this fund until it's turned over to the official foundation
  974. May 03 20:10:56 <mogonzo> if I managed it
  975. May 03 20:11:08 <mindfox> I believe that many from the community would object to that
  976. May 03 20:11:19 <mogonzo> that's my concern as well
  977. May 03 20:11:20 <mindfox> I'm not making a motion
  978. May 03 20:11:27 <Xip> mogonzo: That's a lot on your shoulders, you could get hacked, do mistakes etc.
  979. May 03 20:11:27 <Oizopower> 1 question... how do other cryptocoin groups do this?
  980. May 03 20:11:28 <mogonzo> but we need something to proceed with in the short term
  981. May 03 20:11:29 <mindfox> just saying from what I saw in the past
  982. May 03 20:11:31 <mogonzo> I know
  983. May 03 20:11:39 <mogonzo> but that could happen to anyone as well
  984. May 03 20:11:47 <mindfox> yes, true that
  985. May 03 20:11:51 <mogonzo> and I do have a great deal of experience with personal as well as IT security
  986. May 03 20:12:00 <Xip> mogonzo: Dividing it would make sure we don't lose it all the very least
  987. May 03 20:12:04 <mogonzo> what about this
  988. May 03 20:12:17 <mogonzo> we each divide control of the addresses among trusted people in this group
  989. May 03 20:12:21 <mindfox> that's why I said: exchanges
  990. May 03 20:12:25 <mogonzo> willing to volunteer themselves in a similar way
  991. May 03 20:12:46 <mindfox> I do not believe this could be an option
  992. May 03 20:12:54 <Xip> Again I say we should take some time to think about it, because I have a hard time right now to make up my mind what I think is reasonable. This is a subject I have not put much time into (considering the fact we have all been busy with other things up until now)
  993.  
  994. May 03 20:12:56 <mindfox> this would turn people against us for sure (imho)
  995. May 03 20:13:03 <litepresence> 3 treasurers each with equal funds... anytime something needed to be paid funds were moved to a 4th account and sent from there. ?
  996. May 03 20:13:11 <mogonzo> I like that idea
  997. May 03 20:13:17 <mogonzo> and Xip you do make a great point
  998. May 03 20:13:23 <OdinYggd> Effectively a cold wallet system
  999. May 03 20:13:25 <mogonzo> and it is possible we could tell the community to wait
  1000. May 03 20:13:34 <Xip> litepresence: This is what I'm thinking of, something along those lines
  1001. May 03 20:13:37 <mogonzo> but people are practically begging to throw money at the foundation at this point
  1002. May 03 20:13:44 <Oizopower> lol
  1003. May 03 20:13:48 <mogonzo> and I'm worried about us missing an opportunity in the short term
  1004. May 03 20:13:54 <Xip> litepresence: But still we should think about it and present what we come up with next meeting. I'll think about it and you do the same
  1005. May 03 20:13:55 <mogonzo> okay let's pause this for now anyway
  1006. May 03 20:13:59 <mogonzo> we're way over the ten minutes
  1007. May 03 20:14:00 <Oizopower> yeah the hype can blow over
  1008. May 03 20:14:10 <OdinYggd> We do already have the donations addresses I am using
  1009. May 03 20:14:10 <mogonzo> so let's talk about scheduling our next meeting
  1010. May 03 20:14:18 <OdinYggd> One final motion
  1011. May 03 20:14:32 <OdinYggd> I move that pending final selection, I will provide btc and WhiteCoin donation addresses for use
  1012. May 03 20:14:41 <OdinYggd> that way next meeting we have funds available to start with
  1013. May 03 20:14:49 <LynchyAU> It would make things easier if we spoke of funds in sub categories rather than just throwing ideas around
  1014. May 03 20:15:14 <litepresence> I think any donation addresses should be disclosed here and now
  1015. May 03 20:15:14 <asoom> lynch what you mean?
  1016. May 03 20:15:23 <OdinYggd> WWBeSGnKpf3mHuVm3CeNwX6MtnEjf4589m
  1017. May 03 20:15:24 <LynchyAU> Such as - Multiple entities control funds (need all entities present) Y/N
  1018. May 03 20:15:36 <LynchyAU> then move on
  1019. May 03 20:15:40 <asoom> lp i think thats good Lynch I see
  1020. May 03 20:15:48 <litepresence> any other "official" donation addresses ?
  1021. May 03 20:15:52 <mogonzo> that's again centralizing control though
  1022. May 03 20:16:08 <OdinYggd> The current wallet balance is 5342 odd change. There should still be around 100 wc in there of my own, but I'll just donate it directly
  1023. May 03 20:16:10 <mogonzo> Odin I am fine with you managing one of the funds, if you're cool with signing some simple papers
  1024. May 03 20:16:18 <OdinYggd> I don't want to manage it long term
  1025. May 03 20:16:21 <mindfox> may I ask something? it just came up to me
  1026. May 03 20:16:24 <OdinYggd> This is just temporary until we get a permanent arrangement
  1027.  
  1028.  
  1029. <<<< BREAK >>>>
  1030.  
  1031.  
  1032. May 03 20:21:29 <Xip> WhiteCoin wouldn't be anything if it was not for the community effort that we now know as "WhiteCoin Foundation". I am sure the members will change and we happen to be here for different reasons. But just wanna thank you all for making sure that this coin didn't die.
  1033.  
  1034.  
  1035. <<<< BREAK >>>>
  1036.  
  1037.  
  1038. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  1039. May 03 20:31:43 <mogonzo> I'll reopen the floor now:
  1040. May 03 20:31:50 <mogonzo> with a specific angle on the fund raising subject:
  1041. May 03 20:32:10 <mogonzo> we need to agree (or disagree) on appointing an "acting" treasurer
  1042. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
  1043.  
  1044. May 03 20:32:17 <mogonzo> for the first 24-48 hours
  1045. May 03 20:32:26 <mogonzo> I propose we open the discussion
  1046. May 03 20:32:42 <mogonzo> around if we should be pursuing an immediate treasurer/fundraising option
  1047. May 03 20:32:44 <LynchyAU> An acting 3rd party can be appointed in a matter of minutes
  1048. May 03 20:32:58 <mogonzo> excellent
  1049. May 03 20:33:25 <Xip> I don't see the rush, it's just a day
  1050. May 03 20:33:36 <mogonzo> I can understand that
  1051. May 03 20:33:42 <Xip> Or what am I missing?
  1052. May 03 20:33:43 <OdinYggd> All told the existing donation box address is not receiving a torrent of funds
  1053. May 03 20:33:48 <mogonzo> it's more my on line engagement experience that's screaming to me "DO NOT MISS THIS OPPORTUNITY"
  1054. May 03 20:33:52 <mogonzo> if that makes sense?
  1055. May 03 20:33:54 <OdinYggd> Now this may be that it is WhiteCoin only, and a lot of WhiteCoin right now is locked in the exchanges
  1056. May 03 20:33:59 <mogonzo> right
  1057. May 03 20:34:11 <mogonzo> and I've also been saying their are no official donation addresses
  1058. May 03 20:34:12 <OdinYggd> I think the only address that should be added with priority is a btc address, as people may be willing to put up right away
  1059. May 03 20:34:15 <mogonzo> until staking begins and PoW ends
  1060. May 03 20:34:19 <OdinYggd> Correct.
  1061. May 03 20:34:30 <mogonzo> I think that's worth consideration for sure
  1062. May 03 20:34:35 <LynchyAU> Xip: There will be a lot of funds that come in off the bat after recovering from this... It will most likely be the biggest influx over the entire year
  1063. May 03 20:34:38 <mogonzo> but let's keep this focused on if we really do need to act tonight
  1064. May 03 20:34:48 <mogonzo> yah that's my thought Lynchy
  1065. May 03 20:34:57 <OdinYggd> Likewise.
  1066. May 03 20:35:00 <mindfox> I think that people will give more easily their coins now, before the exchanges open
  1067. May 03 20:35:05 <OdinYggd> People see volunteers working and want to compensate them
  1068. May 03 20:35:09 <mogonzo> yeah
  1069. May 03 20:35:11 <mindfox> after they open, if everything goes well, they'll want to keep them
  1070. May 03 20:35:17 <mindfox> if the don't, they won't donate
  1071. May 03 20:35:21 <mindfox> that's my point of view
  1072. May 03 20:35:35 <mindfox> *if things don't go well in the exchanges, I mean
  1073. May 03 20:36:05 <Xip> Is all of this logged? Like is mindfox reflections on how people will react be for everyone to read?
  1074. May 03 20:36:19 <mindfox> I believe it is not, since meeting is over
  1075. May 03 20:36:31 <Xip> Right alright
  1076. May 03 20:36:41 <Xip> So this is not transparent anymore?
  1077. May 03 20:36:52 <mindfox> but even if it is, I do not believe I said something at wrong
  1078. May 03 20:37:01 <Xip> I didn't think so
  1079. May 03 20:37:03 <mindfox> I do not have a problem. That's what I would do
  1080. May 03 20:37:14 <mindfox> well, I wouldn't, but that's what I think most people think
  1081. May 03 20:37:14 <Xip> In fact I would think it would be great it was out there because then they'll see we're kinda transparent..
  1082. May 03 20:37:21 <Xip> It's still a valid point nevertheless
  1083. May 03 20:37:23 <Xip> I agree with you
  1084. May 03 20:37:47 <mindfox> due to the past issues, we are not judged by results of our work
  1085. May 03 20:37:56 <mindfox> but by price increase or decrease on exchanges
  1086. May 03 20:37:59 <mindfox> that's what I think
  1087. May 03 20:38:11 <Xip> Anyway this has been great guys
  1088. May 03 20:38:11 <mindfox> I do believe this is wrong, since we have no control over it, but I think that's a fact
  1089. May 03 20:38:22 <Xip> It's a good way for us to get to know each other as well
  1090. May 03 20:38:27 <mogonzo> :)
  1091. May 03 20:38:36 <mogonzo> technically we're still in session everyone
  1092. May 03 20:38:39 <Xip> And so don't forget you can contact me anytime
  1093. May 03 20:38:39 <mogonzo> tho I think it's reasonable
  1094. May 03 20:38:41 <mogonzo> we can vote on
  1095. May 03 20:38:48 <mogonzo> removing market related speculation
  1096. May 03 20:38:57 <mogonzo> on the basis that it protects users
  1097. May 03 20:39:01 <mogonzo> thoughts?
  1098. May 03 20:39:14 <mindfox> I do not want to comment as it affects me directly
  1099. May 03 20:39:26 <mindfox> I mean, I don't want to vote on that. Others should :)
  1100. May 03 20:39:28 <OdinYggd> Yes. Speculation from us implies official goals for the coin, people could act on that information leading to accusations of manipulation
  1101. May 03 20:39:29 <LynchyAU> I agree, any speculation of expected fund or prices should be removed
  1102. May 03 20:39:33 <mogonzo> as do I
  1103. May 03 20:39:39 <Oizopower> i'm back again :)
  1104. May 03 20:39:39 <mogonzo> yes
  1105. May 03 20:39:45 <mogonzo> I'm thinking even the name of our group should be redacted
  1106. May 03 20:39:46 <Xip> right
  1107. May 03 20:39:52 <Xip> yes
  1108. May 03 20:39:57 <mogonzo> it's motivation for us, that's it
  1109. May 03 20:39:58 <mindfox> oh lol
  1110. May 03 20:39:58 <Xip> Because it's a stupid name
  1111. May 03 20:40:04 <mogonzo> lol
  1112. May 03 20:40:06 <mogonzo> :P
  1113. May 03 20:40:07 <mindfox> I didn't notice that before
  1114. May 03 20:40:10 <mindfox> LOL
  1115. May 03 20:40:13 <mogonzo> well we can always vote for another
  1116. May 03 20:40:14 <Oizopower> Whats the current point of discussion? or are we free styling?
  1117. May 03 20:40:18 <OdinYggd> We are already all under scrutiny for market manipulation because of the tendancy of the coin to swing, and lets face it a few times now I've witnessed the price rising 50 satoshi or more just by making a rally in the channel
  1118. May 03 20:40:41 <mogonzo> very true odin
  1119. May 03 20:40:54 <mindfox> if that's the case, then somebody lent me some coins :D :D :D
  1120. May 03 20:41:01 <mindfox> joking of course
  1121. May 03 20:41:02 <mogonzo> so let's get back to fund raising
  1122. May 03 20:41:07 * asoom has quit (Ping timeout: 240 seconds)
  1123. May 03 20:41:11 <mogonzo> absolutely
  1124. May 03 20:41:23 <mogonzo> :D
  1125. May 03 20:41:24 <Xip> Or there will be some other guys sitting in that channel
  1126. May 03 20:41:25 <Xip> haha
  1127. May 03 20:41:29 <mogonzo> lol
  1128. May 03 20:41:33 <mogonzo> no doubt :)
  1129. May 03 20:41:48 <mogonzo> ok
  1130. May 03 20:41:50 <Xip> Well that's far away
  1131. May 03 20:41:55 <mogonzo> :)
  1132. May 03 20:42:09 <mogonzo> So I do stil think we need to come out swinging with fund raising tonight
  1133. May 03 20:42:32 <mogonzo> if I did manage one of or all of the accounts
  1134. May 03 20:42:45 <mogonzo> I would want it to be only until review at the next meeting
  1135. May 03 20:42:51 <mogonzo> and I would be giving you all my personal word
  1136. May 03 20:42:53 <Oizopower> we need to take it while it's hot ;)
  1137. May 03 20:43:04 <Xip> Sure, sure
  1138. May 03 20:43:05 <OdinYggd> Yes. Fund raise while we can.
  1139. May 03 20:43:06 <Xip> It's fine with me
  1140. May 03 20:43:07 <mogonzo> that the wallet I create would be on an off line laptop that would remain offline until we all agree to turn the keys together democratically
  1141. May 03 20:43:15 <OdinYggd> Actually
  1142. May 03 20:43:17 <OdinYggd> Better idea
  1143. May 03 20:43:20 <OdinYggd> Can we fund raise to a paper wallet
  1144. May 03 20:43:27 <mogonzo> interesting
  1145. May 03 20:43:34 <mogonzo> how would you suggest we do that?
  1146. May 03 20:43:34 <Oizopower> nice idea
  1147. May 03 20:43:36 <OdinYggd> The public address is in fact the address of a paper wallet
  1148. May 03 20:43:48 <OdinYggd> and then the key to said wallet is given to the permanent treasurer
  1149. May 03 20:43:51 <mogonzo> I have a safety deposit box
  1150. May 03 20:43:55 <OdinYggd> That would work.
  1151. May 03 20:43:57 <mogonzo> ahhh
  1152. May 03 20:44:00 <mindfox> erm
  1153. May 03 20:44:06 <mindfox> paper wallets have private keys
  1154. May 03 20:44:09 <mogonzo> so I wouldn't be printing them right away
  1155. May 03 20:44:11 <mindfox> so it makes no difference
  1156. May 03 20:44:11 <OdinYggd> Yes they do.
  1157. May 03 20:44:12 <mogonzo> I get you now
  1158. May 03 20:44:22 <mogonzo> I like this idea
  1159. May 03 20:44:24 <OdinYggd> The difference is nobody would know the private key until the day of.
  1160. May 03 20:44:33 <mindfox> ?
  1161. May 03 20:44:41 <mogonzo> and when we create a real foundation with a real bank account, we can keep our paper funds in an actual vault
  1162. May 03 20:44:42 <OdinYggd> If it is done right anyway
  1163. May 03 20:44:42 <mindfox> how can it be nobody?
  1164. May 03 20:44:56 <mogonzo> so what service would we use to do that?
  1165. May 03 20:44:57 <OdinYggd> The mass produced paper wallets are shipped with the private keys already covered up
  1166. May 03 20:45:06 <Oizopower> somebody has to know the private key
  1167. May 03 20:45:08 <Oizopower> :)
  1168. May 03 20:45:12 <Oizopower> or have
  1169. May 03 20:45:12 <Xip> lol
  1170. May 03 20:45:13 <Oizopower> ;)
  1171. May 03 20:45:14 <mindfox> exactly :)
  1172. May 03 20:45:16 <mogonzo> question:
  1173. May 03 20:45:17 <OdinYggd> hmm.
  1174. May 03 20:45:19 <mindfox> someone will know it :)
  1175. May 03 20:45:28 <OdinYggd> Alright. It is of little advantage then
  1176. May 03 20:45:33 <mogonzo> would people still be able to view the funds via the block explorer and see they haven't b een moved after deposit
  1177. May 03 20:45:36 <mogonzo> ?
  1178. May 03 20:45:40 <OdinYggd> They would.
  1179. May 03 20:45:41 <Oizopower> yes
  1180. May 03 20:45:43 <mindfox> yes
  1181. May 03 20:45:48 <mogonzo> excellent
  1182. May 03 20:45:52 <OdinYggd> any valid address is visible in the block explorer
  1183. May 03 20:45:59 <mogonzo> right
  1184. May 03 20:46:00 <OdinYggd> The paper wallet just prints public and private address together, with the private covered up
  1185. May 03 20:46:02 <mindfox> hm, nope
  1186. May 03 20:46:07 <OdinYggd> you can preload and verify it
  1187. May 03 20:46:08 <mindfox> any address with coins
  1188. May 03 20:46:09 <mogonzo> just wanted to make sure I understood hat the paper service wouldn't be transferring our funds
  1189. May 03 20:46:17 <OdinYggd> That's what I meant- any address with a positive balance
  1190. May 03 20:46:22 <mogonzo> I want accountability to be easy for our users
  1191. May 03 20:46:26 <mogonzo> gotcha
  1192. May 03 20:46:27 <mindfox> if there is no transaction, address is non-existent
  1193. May 03 20:46:27 <mogonzo> okay
  1194. May 03 20:46:33 <mindfox> even if it is valid
  1195. May 03 20:46:34 <mogonzo> so do we know of a reliable service to use for this?
  1196. May 03 20:46:37 <Xip> I'm personally fine with Mogonzo taking the donations temporarily until we find a permanent solution
  1197. May 03 20:46:38 <Oizopower> an idea: create 1 deposit address... create 5 different addresses >> the deposit address will be split to 5 addresses every week
  1198. May 03 20:46:39 <mogonzo> and will it work for WC?
  1199. May 03 20:46:41 <Xip> That's all I got to say atm
  1200. May 03 20:46:53 <Oizopower> so 5 people have a share
  1201. May 03 20:46:56 <OdinYggd> I don't think there is a paper wallet service for WhiteCoin
  1202. May 03 20:46:58 <Oizopower> with there own private key
  1203. May 03 20:47:00 <mogonzo> how about this
  1204. May 03 20:47:01 <mindfox> mogonzo: addresses are using the same algorithm to be created
  1205. May 03 20:47:03 <OdinYggd> and they take several days to receive the physical paper
  1206. May 03 20:47:07 <mindfox> they just have a variable
  1207. May 03 20:47:11 <mogonzo> okay
  1208. May 03 20:47:13 <mindfox> the address scheme used
  1209. May 03 20:47:15 <mogonzo> I really like this paper wallet idea
  1210. May 03 20:47:22 <mogonzo> my only concern is getting it up and running tonight
  1211. May 03 20:47:28 <mogonzo> in time for launch
  1212. May 03 20:47:30 <mogonzo> so what about this:
  1213. May 03 20:47:36 <mogonzo> compromise between the two proposals
  1214. May 03 20:47:56 <OdinYggd> I don't think we could get a paper wallet produced and delivered in that timeframe without it being a DIY that could have a compromised private key.
  1215. May 03 20:47:57 <mogonzo> my temporary control via my offline laptop, would end once we have a relaible paper wallet service available
  1216. May 03 20:48:09 <mogonzo> then I transfer to that service immediately with the consent of the team
  1217. May 03 20:48:16 <mogonzo> yes that's my concern
  1218. May 03 20:48:18 <OdinYggd> This could work.
  1219. May 03 20:48:26 <Oizopower> what about my idea? so we have not all the funds at one person
  1220. May 03 20:48:35 <mogonzo> I agree with that
  1221. May 03 20:48:43 <mogonzo> but again for transparency and accountability
  1222. May 03 20:48:47 <mogonzo> whoever controls those other funds
  1223. May 03 20:48:50 <Oizopower> its transparent that way
  1224. May 03 20:48:52 <OdinYggd> Oizopower's solution is also viable. Set up wallets on a server with a script to divide up incoming funds into the storage wallets.
  1225. May 03 20:48:54 <mogonzo> needs to be willing to fully identify themselves to me privately
  1226. May 03 20:48:58 <OdinYggd> It would be transparent on the blockchain
  1227. May 03 20:49:03 <mogonzo> and sign some papers taking responsibility of their art of the fund
  1228. May 03 20:49:25 <mogonzo> if anyone in here is wiling to do that, then the foundation has legal recourse and thefore assurance to the public
  1229. May 03 20:49:40 <mogonzo> and I will of course fully identify my contact information to this group
  1230. May 03 20:49:56 <mogonzo> and sign a document taking liability for the fund until the foundation is set up
  1231. May 03 20:50:16 <Xip> I think it sounds fair
  1232. May 03 20:50:16 <litepresence> I'm anon. I have no interest in taking this responsibility.
  1233. May 03 20:50:25 <mogonzo> I was too until I was outed, heh
  1234. May 03 20:50:28 <mogonzo> but now I am where I am
  1235. May 03 20:50:40 <mogonzo> it's nothing against anonymity, it's just because we're dealing with money :)
  1236. May 03 20:51:06 <mogonzo> okay are there any objections to this temporary measure?
  1237. May 03 20:51:23 <mogonzo> I feel like we're close to consensus but want to give anyone with final concerns the opportunity to speak
  1238. May 03 20:51:36 <litepresence> On a temporary level I think you should post contact info to the record and assume control of finances for the next 72 hours mogonzo
  1239. May 03 20:51:42 <OdinYggd> Money requires accountability. Especially with the coming future of regulated crypto. I am not comfortable handling accounting matters long term, but as I already hold a temporary funding box I would be okay with mogonzo also holding one
  1240. May 03 20:52:02 <OdinYggd> Once we establish a permanent accounting system, all temporary funds will be released to the permanent structure
  1241. May 03 20:52:02 <mogonzo> I am fine with that
  1242. May 03 20:52:32 <mogonzo> I'd prefer my cell stay off the record but will provide my full mailing address if we proceed, as well as my full legal name, and doc as we discussed
  1243. May 03 20:52:40 <mogonzo> agreed completely Odin
  1244. May 03 20:52:53 <Xip> Clock is 2 AM here now, again as I've said I entrust Mogonzo in this
  1245. May 03 20:52:59 <mogonzo> thanks Xip :)
  1246. May 03 20:53:12 <mogonzo> sending you a quick pm
  1247. May 03 20:53:48 <litepresence> fact of the matter is we're not talking about $50k we're looking at donations in the sub $10k level for damn sure over the next 72 hours. Generally I'd trust any of you with it for the time being.
  1248. May 03 20:53:49 <mogonzo> okay Im' going to call for a vote on this in 30 seconds, Xip's has been recorded, I will naturally abstain from this vote
  1249. May 03 20:54:37 <litepresence> Y mogonzo temp treasurer
  1250. May 03 20:54:39 <mindfox> for fund-raising, I also agree for mogonzo if he's the only one up to this. But not for fund-spending. I believe spending should be discussed here with all people present, since there are no procedures for it yet
  1251. May 03 20:55:01 <Xip> mindfox: For sure, that's not what I voted on. So I'd presume that is the case
  1252. May 03 20:55:09 <Oizopower> agree with mindfox
  1253. May 03 20:55:15 <litepresence> so lets add that then... 72 hour spending freeze
  1254. May 03 20:55:31 <litepresence> Mogonzo as treasurer for 72 hour call of duty w/ freeze on all spending
  1255. May 03 20:55:36 <mogonzo> We are now voting upon the temporary measure discussed to allow for fundraising to begin: Mogonzo will fully identify himself into the record, sign a document taking liabliity and control of the fund, and his control of the fund shall not exceed 72 hours without review by the leaderhsip team, this plan will be presented to the public, and no funds will be disbursed (spent) without concent of the leaderhsip
  1256. May 03 20:55:36 <mogonzo> team
  1257. May 03 20:55:43 <mogonzo> please cast your votes
  1258. May 03 20:55:46 <OdinYggd> y.
  1259. May 03 20:55:53 <litepresence> Y
  1260. May 03 20:55:53 <mindfox> y
  1261. May 03 20:55:54 <Oizopower> y
  1262. May 03 20:55:58 <Oizopower> fixed
  1263. May 03 20:55:59 <Oizopower> =]
  1264. May 03 20:56:13 <litepresence> opposed?
  1265. May 03 20:56:25 <Oizopower> not much here anymore discussing
  1266. May 03 20:56:48 <mogonzo> sounds like motion carried, I'll leave the voting open for a couple more minutes :)
  1267. May 03 20:56:50 <litepresence> Xip?
  1268. May 03 20:57:04 <litepresence> I believe he already said yes prior to 72 hour spending freeze
  1269. May 03 20:57:06 <mogonzo> btw, thank you to everyone for the trust you're willing to place in me, I'm quite humbled by all this. really.
  1270. May 03 20:57:16 <mogonzo> yes that's correct he voted Y
  1271. May 03 20:57:20 <litepresence> that's all of us present essentially
  1272. May 03 20:57:26 <mogonzo> sounds like motion carried then
  1273. May 03 20:57:33 <mogonzo> I better prep this doc
  1274.  
  1275.  
  1276. [REDACTED] MOGONZO AS TREASURER DISCLOSED HIS PERSONAL CONTACT INFO TO THE BOARD
  1277.  
  1278.  
  1279. May 03 20:58:28 <mogonzo> lol slim shady
  1280. May 03 20:58:40 <mogonzo> anyone who would like my personal cell number
  1281. May 03 20:58:42 <mindfox> age? height? weight? this is essential info
  1282. May 03 20:58:46 <mindfox> :D
  1283. May 03 20:58:49 <mogonzo> please PM me requesting it and I will provide
  1284. May 03 20:58:49 <OdinYggd> I believe the address I have will continue to receive funds until the PoW shutdown takes place. Should I also hold all outgoing transactions for 72 hours? Or should I release the funds to mogonzo's box once he has created an address
  1285. May 03 20:58:59 <Oizopower> need a picture mogonzo
  1286. May 03 20:59:00 <Oizopower> :P
  1287. May 03 20:59:05 <mogonzo> hah
  1288. May 03 20:59:05 <Oizopower> high res
  1289. May 03 20:59:06 <mogonzo> Odin:
  1290. May 03 20:59:10 <mogonzo> I think it's best that you keep those there
  1291. May 03 20:59:19 <mogonzo> I like that we have at least a little temporary decentralization
  1292. May 03 20:59:25 <OdinYggd> Same. Just making sure. Will enforce a 72 hour outgoing transaction hold.
  1293. May 03 20:59:34 <mogonzo> I wil also be transferring what's left of the 6K WC that the original devteam transferred me
  1294. May 03 20:59:35 <mogonzo> into the fund
  1295. May 03 20:59:49 <mogonzo> thanks man :)
  1296. May 03 21:00:02 <mindfox> lol, that's what's left?
  1297. May 03 21:00:04 <OdinYggd> At this point the only WC of my own remaining in that wallet is perhaps 100WC, and I will just donate that.
  1298. May 03 21:00:05 <mindfox> wow
  1299. May 03 21:00:05 <mindfox> :D
  1300. May 03 21:00:07 <Oizopower> wow
  1301. May 03 21:00:32 <Oizopower> 6K left from original dev lol
  1302. May 03 21:00:40 <Xip> How much did the original devteam transfer you and what has that been used for?
  1303. May 03 21:00:43 <mindfox> not only the original dev
  1304. May 03 21:00:49 <mindfox> there were 2 in this...
  1305.  
  1306. [REDACTED]
  1307.  
  1308. I'd call this meting to a close now :)
  1309. May 03 21:02:45 <mogonzo> thank you to everyone for being here
  1310. May 03 21:02:55 <mogonzo> we banged out consensus on some really complicated issues
  1311. May 03 21:03:08 <mogonzo> I cant' thank you all enough for your hard work and dedication through this.
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