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==11 Nov 2018 - Discord 2 ==
Economics of token creation - raven ends up being exactly the same issuance schedule as Bitcoin but with this perpetual drain on total supply in the form of whatever is burned.
That-/ and the fact that it’s real 100% pow coins getting burned - that means RVN assets have sort of a neat double POW / a real asset (energy) has been burned to allow assets to exist
This gives them value. Not much, it’s tiny. But it does exist and that’s very different than other projects and very fascinating.
==09 Nov 2018 - Discord 2 ==
Talking your own book is exactly ethical and legal— especially if disclosed. It’s one of the purest form of ethical interaction in commerce.
Some had to not only risk public reputation to support this coin but also give miners over $ of my capital to get the coins we own. So a miner could have dumped on us and I’d be the one conned.
Someone being well known or ostk backing some dev is also not relevant. Oprah or Andreas could mention this coin for five seconds and instantly have more influence than paper authors. If Greg Maxwell came and said something was a security risk, people would listen etc etc. that’s how a real open source project works.
In a fair launch like this it’s almost impossible to have one party have the upper hand. That’s not marketing talk or something to pump ravens structure — that’s just the truth.
Projects with a fair & open launch are literally a gift to the users — anything created from those projects is created by fair work to the people. It’s absolutely incomparable to something that raised money.
Nothing wrong with raising money by the way but it’s utterly and completely different from giving away something for free. It’s decentralized versus centralized. Permissioned versus free.
It’s the very core of our industry. A foundational core of what open source / decentralized/ cypherpunk networks can be.
Now ravencoin may be stupid, a bad idea, it may fail, it may break, it may have unforeseen problems or it might just be outpaced by any of a dozen projects trying to do the same. All those are potentially valid debates. —- but there’s just no reasonable way to say this project wasn’t fair. It’s provable on the blockchain that this was the most widely participated in and fastest growing network in history.
One may think raven is a weak project but it’s fairness is completely undeniable— if someone doesn’t believe that then they either don’t understand or believe in crypto or they don’t fully understand how this project works.
By the way:: we need to spread that far and wide. People should understand that this is their project — anyone can build on it
All this work we’ve done:: it’s free! All the code, the network — all that’s been invested — it all belongs to all members of the community. Anyone can use it and any one can benefit from this network.
Now for 500 RVN you can create a permanent asset backed by this absolutely massive amount of hashpower. That asset can do all kinds of cool stuff.
This is amazing. People don’t even see it yet.
The structure is a key part. No leaders, no rulers, no centralized parties. That’s best practices. It’s harder.
==17 Oct 2018 - Discord 2 ==
New folks be sure to
1) download the latest wallet - recognize that this is YOUR project - it’s open source and NOT controlled by any specific people - you can build on this and use it without permission!
2) start mining — with a gpu you can get some coins to use and reserve names with but even if not then it still helps the network
3) running a full mining node helps strengthen the coin and helps everyone
4) download testnet NOW and mess with creating assets (!) this way you are ready for:
5) be ready to create real assets after mainnet launches on Oct 31 - you only get one shot at each asset name
6) register names you can use (if you register a brand name please consider giving it to the brand owner if they ask, this helps the network)
7) imho best early tokens will be game and experiments - fun things — this is still early stage and experimental — will be ready for things like securities once lots of testing in the live world — don’t take unwise financial risks - this is an experiment!- have fun and build something cool
== 05 Oct 2018 - Discord 2 ==
The entire structure of ravencoin is VERY different from almost every other project — so it takes a lot of learning
Thanks to all who participate
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the thing is that Ravencoin is a protocol not a company — this is why no partnerships -// not because they aren’t valuable but because they are not necessary
Ravencoin doesn’t have partnerships with companies because 1) there’s no one to make such a partnership 2) the companies and devs wanting to build on this don’t need anyone’s permission - they can just build
This is a good model — imho it’s the best model
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Finding the right balance of how much to talk about this project is hard
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Software is allowed to be centralized.
When people say this isn’t it’s not because they are lying to pretend something — it’s because it’s accurate.
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The main misunderstanding seems to be that ravencoin is controlled or directed by Medici or tZero
It’s just not the case
This isn’t some claim that someone is trying to make to comply with some rule — its the actual truth. Also there is no law that this would be relevant for — the idea that a company working on an open source project “makes it a security” is silly and it’s super insulting
Whether raven is centrally controlled or has corporate involvement / oversight / investment etc do not make it a security anyway — that entire line of thinking is based on faulty logic and not understanding now Ravencoin works or was issued
Ravencoin was released for free exactly like Litecoin — because it was never sold it was not an offering
Even if it had one person as a ceo and even if that one person worked for Medici it would not matter —- still not a security
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my time doesn’t belong to you. Usually when people write articles and mention someone they get quotes from them and check for accuracy first —- I do what I can to give accurate info.
I waste hours on this and the only result is time wasted
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It doesn’t matter if something it centralized
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That doesn’t make it a security
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A coin being centralized or controlled by a company matters when the company or coin raises money - a project like Raven is completely different
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there’s nothing whatsoever “hinging” on that — that’s crazy talk.
No reasonable or knowledgeable person I’ve heard of considers RVN a security. If they do then :shrug:♂️ Litecoin and Bitcoin would be as well. It’s insane
... no — not at all.
Ridiculous
This all stems from people who don’t understand securities
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There’s tons of info out there
Not sure why people assume a conspiracy
There’s no one “at the top” There’s no one “worried”
It’s REALLLY key to understand that this is an open source, decentralized project —- there is no person or people or corporation running it
There is no conspiracy etc
People just work in their own interests
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>>>>Ravencoin is not an entity at all <<<<
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What matters is whether ravencoin can and does work
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Crap projects have an interest in promoting “partnerships” and stuff — actual protocols don’t
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''(In reference (I think) to Medici / Overstock / RVN)'' I’ve said 100 times that they aren’t related — even made videos about it
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Rvn is better than ever - amazing - one of the strongest projects ever
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Because raven isn’t like that and isn’t a corporate project with “deals” and “agreements” / joint ventures and that kind of ico crap
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Medici donates dev time
Which is great
But people assume much more of a corporate tie
Which is a shame
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Not a gift from MV
MV gifts some dev
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Big difference
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There’s an impression that tZero and raven fit together in some special way or work together or that one platform is being designed for the other
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''(In reference to an article speculating on the connection between various OSTK / MV projects and RVN)'' thanks! I’m not a fan of the screen shot from discord — I’ve tried to make clear many times that the projects really are not related — that screen shot taken on its own and out of the context of its convo seems like I’m winking and being coy or something imho
Basically it was in reply to people who think the opposite: which is that tZero has nothing to do with rvn and will never list it because they are competitors or something
Neither is true
It’s really not a corporate coin -/ existed before anyone at tZero heard of it and before I joined the board
There’s no team of folks at tZero working on raven and it defiantly wasn’t designed by tZero or created for some tZero purpose
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Yes but ostk owns a mess of stuff and there’s no major direction from ostk to any portfolio cos to support ravencoin
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TZero and ravencoin are much less related than people assume
== 23 Sept 2018 - Baltic Honeybadger 2018 Bitcoin conference ==
Title: Global Ledgers: Scaling & Capacity for Legacy Securities Systems in the Age of Atomic Swaps
Conference: Baltic Honeybadger 2018 Bitcoin conference, Riga, Sep 22-23
Bruce talks about the history of securities, it's current problems, and block chain.
Talk at: https://youtu.be/D2WXxgZ8h-0?t=1h48m23s
Slides at: https://threadreaderapp.com/thread/1043833386257854464.html
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Bruce Fenton (Discord):
I didn’t mention Raven because as soon as you mention a specific product at certain events people stop listening and are closed minded
Also so many people don’t even understand tokenized securities that it’s best to explain that first
Once they understand this concept then Rvn makes more sense
== 12 Sept 2018 - Telegram ==
