Special Announcement
Hello fellow BitcoinTalk members! The B3 Coin Team is proud to announce that there’s a significant shift in the team structure, vision, communication and community atmosphere occurring right now. The team feels that it is important to speak about the history of B3 Coin up to this point to get everybody on the same page so that we can settle the past.
As many of you know, the main developer and visionary of B3 Coin, shared his experimental technology, bringing forth the innovation of “Proof of Disintegration” and “Fundamental Nodes (FNs).” The developer received assistance from other fellow blockchain developers within this community, which he cares about deeply.
The majority of the original B3 Coin’s core team was attracted to the 10,000% annual (HiPOS) staking rewards. This team was a group who had cryptocurrency marketing/investment backgrounds and understood the need to create a social environment around B3 Coin to raise awareness. As the community grew rapidly during this period of time, this small group of team members became overwhelmed. The huge task of meeting the community's expectations caused the team to scramble and seek assistance from the community. Specific community members stepped forward, using their skills to the best of their abilities.
At the final stage of the HiPOS period, the leaders within the team made the decision to release FNs early, while the community pools were still going. This decision was made quickly, and upset the community due to the rewards being split – 60% to FNs, and 40% to POS. That decision also set off a series of technical issues, causing the developers to release several updates to fix defects due to haste and the community pools. This event created a tornado of emotion in the growing community and they got upset. Many team and community members left, unhappy with the events that took place. This created a void which required proper leadership and structure to be implemented within the team. The remaining members within the team were and are extremely supportive of this shift in structure and leadership. With proper analysis of team member’s skills, abilities, availability and delegation there has been a level of excitement that has been absent for a significant amount of time. We as a team, know there will always be bumps in the road and unforeseen challenges in the life of B3 Coin but the team has pivoted to be proactive rather than being reactive.
With this evolution in the team, it has become clear that the main developer’s vision of the implementation of this new technology was never fully understood. The team plans to communicate more on a regular basis so that the community is fully educated on the technology.
It is important to note that with every technology, there are problems that can happen. We, as a team, can always find solutions to the problems. The team and community are very excited to enter a new time in history of B3 Coin, and move forward together.
