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I did add a clause in the bylaws that says in case of a deadlocked vote,
the boardmember with the least seniority, that vote is discarded.
Rejected. I've decided that masternode coins can sometimes be acceptable, but Biblepay seems highly deceptive. For example, you say "10% of the emission goes to sponsoring Orphans, with provable contributions," but:
- 10% of the monthly emission should be somewhere around 6 million coins, but the monthly trade volume tends to be only slightly higher than this, which is unbelievable if you're actually selling the coins in order to make donations.
- This 10% goes to a hardcoded non-multisig address with no explanation.
- "THE COIN HAS RPC COMMANDS THAT PROVE 100% OF CONTRIBUTIONS ARE SPENT THE WAY INTENDED" is completely false. The RPC command just totals up all of the payments to the hardcoded address. What happens after the coins go to that address is unexplained.
- There is no non-profit registration, receipts for donations, any info about the people who are supposedly facilitating donations, etc.
Biblepay looks like a generic coin with hardcoded dev subsidy plus some probably-totally-fabricated marketing about orphans.
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