7 ms·

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with

How much storj you wanna bet that Gordon Hall guy is the only person in the world who understands the entirety of Storj? Scary. What relation does he have with the project? He's not even listed on the team: https://storj.io/team.html https://storj.io/team.html There was a $30MM ICO which ended May 25th. The price of ETH was $177 at the time. Not bad! Dropbox’ first seed round was only $15,000. I don't get it. Don't understand why people want to get a lot of money, put a ton of pressure on themselves, and then put out a shoddy half-baked, half-finished product. You see this with almost all software now but the cryptocurrency craze has made it endemic. People who have shown nothing are getting 30 million dollars in funding. Shouldn't you earn it first? Isn't that healthy? You guys don't need $30 million dollars to do stuff like this. You're lying to yourself if believe you do. This is $30k effort. How about putting your head down, shutting your mouth, building something great, and then showing the world? Is that crazy? You can only assume these people are more about $$$ than what they are building.

torbjorn 9y ago
You can only assume these people are more about $$$ than what they are building. Bingo.
nkrisc 9y ago
You got it backwards. Put out a shoddy, half-baked, half-finished product and then get $30 million.
CrazyCatDog 9y ago
Are you asking why people take $30m in uncollateralized funding and release broken software instead of taking $30k with some (albeit very little) governance and attempt to release quality, value creating products?
nugget 9y ago
99% of crypto is about speculation, not investment; there's less and less talk about real utility as the bubble inflates and the need for real code (or even real ideas) to support the narrative decreases. I'm reminded of 1999 when the proverbial shoeshine boys were buying every IPO with ".com" in the name, driven by the reliable twin engines of fear (of missing out) and greed (money for nothing). Look at the bright colored icons and fun-sounding names on coinmarketcap: it's a 24/7/365 global penny stock arcade. When you view coins and ICOs through this lens the current state of the industry starts to make a lot more sense.
Taek 9y ago
Gordon Hall quit the team shortly after the funding completed. Same with several other Storj engineers, and their COO. A few days before the sale the CEO was demoted and kicked off of the board. They still don't have a replacement.
- sp0rkyd0rky 9y ago
  thanks david, if i could rewrite git history for the sole purpose of not being associated with it anymore, i think i would. i think a few of us would.
empath75 9y ago
You don't know why people want 30 million dollars for nothing?
sp0rkyd0rky 9y ago
hi, i'm gordon. and yeah, unfortunately i might be the only person who understands the entirety of the core library. yeah, that's scary. but i wouldn't bet any storj tokens on it because the payoff wouldn't be so great. i'm not listed on the team anymore, because i - along with several others left the project during and after the token sale (empty handed, mind you) for various reasons. i agree, storj didn't need $30mm (but did need more than $30k though, to be fair). > You can only assume these people are more about $$$ than what they are building. a reasonable assumption, but let's draw the line between those building and those profiting, because this assumption is not fair (or accurate) in describing the people who actually did the building.
- aaron-lebo 9y ago
  Thanks for the response Gordon. Sorry to paint you with that brush. You've got my respect, if it means anything, probably took a lot of talent and effort to build. Good luck and keep fighting the good fight.
- octalmage 9y ago
  That sucks man. Have they begged you to come back yet?
  - sireat 9y ago
    As has been mentioned elsewhere, why would they beg when they have FU money and can buy Lambos. They can honestly say that Storj lead developer left of personal reasons and no one else can take over. There is no obligation on their part to pay anything back. Like the author I have been following crypto currencies (and doing small time mining) since 2011. I have seen several boom-crash cycles. Still I boggle at the madness of the crowds.
- subsubsub 9y ago
  Hi Gordon, sorry if this is too far off topic, but what software did you use to make your awesome github profile photo?
  - 9y ago
octalmage 9y ago
Very scary. He left the project and development hasn't picked back up. Found this in the comments of the article: https://www.reddit.com/r/storj/comments/6llxpn/so_long_friends/ https://www.reddit.com/r/storj/comments/6llxpn/so_long_frien...
pjc50 9y ago
> why people want to get a lot of money, put a ton of pressure on themselves, and then put out a shoddy half-baked, half-finished product. Other way round: produce a half-baked product, get a lot of money, hope your investors are too libertarian to set law enforcement on you. > Shouldn't you earn it first? Isn't that healthy? Have you heard of this thing called "capitalism"?
syshum 9y ago
I know I personally would love to get $30,000,000 for $30,000 in effort... That is the type of return people dream of....

torbjorn 9y ago

You can only assume these people are more about $$$ than what they are building. Bingo.

nkrisc 9y ago

You got it backwards. Put out a shoddy, half-baked, half-finished product and then get $30 million.

CrazyCatDog 9y ago

Are you asking why people take $30m in uncollateralized funding and release broken software instead of taking $30k with some (albeit very little) governance and attempt to release quality, value creating products?

nugget 9y ago

99% of crypto is about speculation, not investment; there's less and less talk about real utility as the bubble inflates and the need for real code (or even real ideas) to support the narrative decreases. I'm reminded of 1999 when the proverbial shoeshine boys were buying every IPO with ".com" in the name, driven by the reliable twin engines of fear (of missing out) and greed (money for nothing). Look at the bright colored icons and fun-sounding names on coinmarketcap: it's a 24/7/365 global penny stock arcade. When you view coins and ICOs through this lens the current state of the industry starts to make a lot more sense.

Taek 9y ago

Gordon Hall quit the team shortly after the funding completed. Same with several other Storj engineers, and their COO. A few days before the sale the CEO was demoted and kicked off of the board. They still don't have a replacement.

sp0rkyd0rky 9y ago
thanks david, if i could rewrite git history for the sole purpose of not being associated with it anymore, i think i would. i think a few of us would.

empath75 9y ago

You don't know why people want 30 million dollars for nothing?

sp0rkyd0rky 9y ago

hi, i'm gordon. and yeah, unfortunately i might be the only person who understands the entirety of the core library. yeah, that's scary. but i wouldn't bet any storj tokens on it because the payoff wouldn't be so great. i'm not listed on the team anymore, because i - along with several others left the project during and after the token sale (empty handed, mind you) for various reasons. i agree, storj didn't need $30mm (but did need more than $30k though, to be fair). > You can only assume these people are more about $$$ than what they are building. a reasonable assumption, but let's draw the line between those building and those profiting, because this assumption is not fair (or accurate) in describing the people who actually did the building.

aaron-lebo 9y ago
Thanks for the response Gordon. Sorry to paint you with that brush. You've got my respect, if it means anything, probably took a lot of talent and effort to build. Good luck and keep fighting the good fight.
octalmage 9y ago
That sucks man. Have they begged you to come back yet?
- sireat 9y ago
  As has been mentioned elsewhere, why would they beg when they have FU money and can buy Lambos. They can honestly say that Storj lead developer left of personal reasons and no one else can take over. There is no obligation on their part to pay anything back. Like the author I have been following crypto currencies (and doing small time mining) since 2011. I have seen several boom-crash cycles. Still I boggle at the madness of the crowds.
subsubsub 9y ago
Hi Gordon, sorry if this is too far off topic, but what software did you use to make your awesome github profile photo?
- 9y ago

octalmage 9y ago

Very scary. He left the project and development hasn't picked back up. Found this in the comments of the article: https://www.reddit.com/r/storj/comments/6llxpn/so_long_friends/ https://www.reddit.com/r/storj/comments/6llxpn/so_long_frien...

pjc50 9y ago

> why people want to get a lot of money, put a ton of pressure on themselves, and then put out a shoddy half-baked, half-finished product. Other way round: produce a half-baked product, get a lot of money, hope your investors are too libertarian to set law enforcement on you. > Shouldn't you earn it first? Isn't that healthy? Have you heard of this thing called "capitalism"?

syshum 9y ago

I know I personally would love to get $30,000,000 for $30,000 in effort... That is the type of return people dream of....