Hello Everyone,

I'm really glad to see such in depth discussion about WhiteOut. I can see that there is some movement towards avoiding this new coin, however just from my own observations it does seem the majority still want it.

I'd like to offer my own personal opinion regarding "Anonymous transactions".

As some of you know, I've spent many years working in political and activist spheres. As an outed "Anon", I can tell you with certainty that true Anonymity on the internet does not exist. It's simply a matter of the precautions you are willing to take and how difficult you can make the job to your 'snoop'. The group who posted to reddit is also correct in my opinion that the vast majority of these "Anonymous" coins either do not work, or have central points of failure that make them easily compromised by a person with the necessary skills.

With that, and Crypto making strong moves to enter the mainstream, I am very much convinced that "Anon features" are at worst a fad, and at best a niche service within our industry.

All that said, I do believe this is a service people want right now. We've seen innumerable requests from community members and potential investors alike to implement some kind of privacy feature into WhiteCoin. Our roadblock to achieving this is that we risk WC's blockchain by trying to implement the feature directly into WC. Staking software technology is just not all that compatible with privacy in the long term.

I did eventually come around to supporting doing this as a companion coin because I do believe that we have the necessary infrastructure in place to see it be of value to all of our investors. I also think that companion coins are the way of the future in crypto. As a legit operator with an established history of transparency and financial accountability, I think we're uniquely positioned to offer an IPO. I also strongly believe that offering WOC as an IPO with WC as the only entry vehicle would indeed cause a rise in value permanently in WC. From a math standpoint, in theory the coins prices should average out over time. So if we created WOC with the lower total coin count, we should see a rise of 500-1000 sat after correction to WC.

With all that out there now, I do believe we should extend the community discussion phase by a few days as there have been some great points made on all sides of this discussion. I'm going to spend some time today finalizing the proposal as to how the IPO would work, and post it here.

In my opinion, we should wait on posting the pre-ann thread until we have a clear and permanent majority consensus on proceeding down this avenue.

Best regards,

Chris Salsman

Acting President, The WhiteCoin Foundation

Mogonzo mentioned proposal, let`s wait and see what is the plan. Not a big fan about topic too but will give`m chance to reassure me 

Is it ethical to pay for votes? 

https://bter.com/voting

If it is... 

Are you referring to me?

white coin is going to be .1 btc in a day or two or your money back, guaranteed.

quite a bit of activity back on this thread since discussing new ideas. Whiteout, the void, companion coins, the good news about registering in canada and that copyright company using Wc. Things are starting to look up a bit i think for this community.