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  • Email:
  • Real Name: Robert Ross
  • Location: Indianapolis
  • Website:
  • Bio:

    From 2007 until present Robert has been building out MDFs and IDFs for multi million dollar companies across the midwest and has managed hundreds of new construction IT build outs for various project sizes from small retail stores to large shipping distribution centers. Also during this time frame Robert has serviced hundreds of general IT service calls dealing with everything from broadband, to network upgrades, and everything in between dealing with copper cabling, security, fiber optics, and any commercial grade IT equipment maintenance. In between this time, Robert also spent 1 year acting as a Northern Michigan Red Cross IT administrator and has dedicated a small amount of time doing Linux server configurations for a small Indianapolis company.

    In 2013 Robert discovered Bitcoin and has spent every free moment dedicating time to advancing his knowledge in the field of cryptocurrency. From March 2013 until April 2014 Robert was a Bitcoin and Altcoin miner building up a mining farm consisting of 34 GPUs and 8 CPUs. Since mining on general computer hardware was no longer profitable for cryptocurrency mining, Robert co-founded FoldingCoin Inc in July 2014 with hopes of helping to redirect a large amount of the mining power that goes into altcoins to be better used towards Stanford's Folding@home project.

    Since FoldingCoin was well received in the cryptocurrency community, Robert decided in January of 2015 to go full time in the Counterparty community. Since the beginning of 2015 Robert has taken on the following roles:

    • Director of FoldingCoin Inc
    • Community director for the Counterparty Foundation
    • Host of the LTB podcast: “XCP Weekly Update”
    • Webmaster of
    • Event coordinator to the Indy Bitcoin Meetup
  • Forum Signature:

    • Robert Ross
    • Director of FoldingCoin Inc
    • Community Director for the Counterparty Foundation
    • Skype: foldingcoin
    • Twitter: @pooktwoFLDC
    • FLDC Twitter: @foldingcoin
    • Email:
    • Alt Email:
  • Bitcoin Tipping Address (This is not your LTBCOIN address): 18Emgn5f5Y6u2DEqWpcRGAxdP6veDvYtjb
  • Public Bitcoin Addresses:

User Activity

Forum Posts

  • Replies: 744
  • Topics: 48
  • Likes Received: 301
  • Re: Overstock and Counterparty devs split ways

    @rob My thought is, Patrick Byrne started looking for help to implement Medici, and he was blown away by what Counterparty had accomplished. Plus he liked the developers. Almost like meeting a significant other, Patrick was intoxicated by all of the qualities he recognized, and the promise he foresaw. But bit of time went by, and Patrick learned more and more, and realized there were a few rough edges with Counterparty; plus there were tons of other smart people and great platforms he could work with (even though he clearly dismissed a few early on, for various reasons that might not have been related to the quality of the technology). I think he may have realized there was no rush to get married to a platform so quickly. The space is so immature, that, as much as I feel a connection to Counterparty, I almost felt uncomfortable with Patrick's very quick decision to run with them for such an important project.

    Anyway, you all probably are more up on the details than I am, but that's my take. I would really like to see Medici succeed by not committing to any platform too quickly. In a year or two, we all may have totally different views on the different ways Medici should go. I'd say Patrick should really take his time, allowing platforms to develop, mature, and prove they are up to the task.

    I have a bit of a hard time wrapping my head around Medici being like Tokenly. But wouldn't that be something, if Tokenly ends up being a model Patrick uses!

    I think @adam was referring to Medici being built in a way where it wouldn't be tied to being used on one specific platform. Tokenly for example could be plugged into (with some work) Mastercoin, NXT, ext..

    @kerbos5 was talking with me about it, and he made an interesting point that this also could be due to the fact that the Counterparty devs may have wanted everything open sourced as for Overstock might not have seen it that way. That is pure speculation, but a possibility.

    But I agree that Patrick probably did get jumpy because he saw the only established 2.0 community thus far.

  • Re: Overstock and Counterparty devs split ways

    @dgiors That comes as quite a shock. I'm invested in Counterparty at perhaps 10% of my entire crypto holdings at time of purchase. Unfortunately the trend has been mostly down since then. For the long term I'm not overly concerned regarding the current price, however, Medici was a great assurance XCP had a bright future.

    Not that XCP has lost it's place as a great technology. There are many other wonderful tokens on their system, FLDC and LTBC among them. The problem is that Medici was such a big deal that it weakens the prospect of XCP. Hopefully we don't see others jump ship too.

    Alas if a better platform comes along it would make sense for existing platforms to be eroded. Bitcoin being a notable exception because of it's vast network strength. It won't shock me if over the coming years platforms eat each other up until a number of them gain adequate network effect to sustain their shotcomings compared to newcomers.

    Well said, but I hope XCP comes out on top. It has been the only 2.0 project that has actually been showing great results in product creation. Smart Contracts and the desktop wallet will increase the price over time this year.

  • Overstock and Counterparty devs split ways

    In an article from Coindesk its appears as if the Counterparty devs Robby Dermody and Evan Wagner are no longer working on Medici.

    This comes as a sad shock to me, but the article continues on to say that the Devs have a project of their own they will be announcing soon. Maybe they will be tryinh to compete with Medici rrather than help it. What do you all think?

    Due to this news, XCP is currently way down: 34% at the time of writing

  • Re: New way to think of why the government is corrupt

    @knircky interesting. i have not watched the vid, but surely our government is based on corruption.

    Since politicians earn practically no money but have lots of power they need to monetize it differently, which creates the lobbies.

    1. i think we should just vote more directly for things and people to run things

    2. politicians should make a lot more money and should be much fewer. I.e. the president should be best payed person in the US while at the same time having lots of power so he can really make a difference. At the same time people should have the power to remove their vote immediately so that if the president does not do what the people want him to he can be removed right away. That would create a free market and competition of politicians to act for their people and not be corrupt any more
    3. voters should have the right to remove or veto any law politicians propose or any action the government does (i.e. go to war)

    You should really watch the video :) Its only an hour, but well worth it. Watch the video then come back and lets discus :)

  • Re: New way to think of why the government is corrupt

    @deebee While I don't like not knowing how my representatives actually vote, I can see the reasoning for a secret ballot. The counter argument is that, come election time, the people have a referendum of sorts, and without actual performance information, the people are in the dark. I think the lobbying will continue, secret ballots or not.

    And the reason is that government has too much power. And someone will want or need to control that power.

    Let me ask you this, do you actually know what you representative votes on? And also did they vote for the things that they promised they would?

    I think it is a valid video that goes in depth to this conversation. Representatives are elected to do their job full time and study the topics they vote on. But since lobbyist are around they just purchase votes because there is proof of what each representatives votes on.

    Taking away open ballots can eliminate lobbyists over time. And final question:

    Everything is so fucked up, that isnt it worth a try? Nothing else seems to be working

  • Re: New way to think of why the government is corrupt

    @tintin I'd like to watch it but I don't have time to watch a full hour! Isn't there a shortened version?

    Its best to watch the whole thing, but basically he is making the argument that since politicians do not have secret votes on bills, this leaves the opportunity for lobbyists to purchase or strong arm politicians to vote on their bills they are pushing.

    As for a system that kept politicians votes a secret from the public would not allow for lobbyist to hold a politician to vote on a particular matter as they would have no way of verifying if that politician actually voted for their bill or not.

    Yes we loss the ability to see what our politicians are voting on, but a good argument as to why this isn't as important:

    • First, the politicians will vote against things they stand for all the time even if they built their campaign on it. Nothing holds them to voting for what they believe in or what they have promised the public, but money or vote exchanges on bills with other politicians can alter their decisions.

    • Second, even with the knowledge of what they have voted on, this doesn't change anything. How many of you know the exact bills that a representative voted on besides election time?

    • Third, with the votes being open on bills, lobbyists are paid millions to watch these votes and study who is voting on what to keep the politicians in check. The rest of us have our lives in crypto busy enough that we do not have the time to research what everyone is voting on, nor have the capital and resources to fix the problem. Thats why we are a republic and not a democracy, we have people who do that professionally.
  • Re: New way to think of why the government is corrupt

    @irnhnve I watched the whole thing last night and it was really informative. Not sure if you watch his other vids but James D'Angelo really has some great videos on his channel.

    Lots of really detailed explanations of otherwise complicated subjects.

    I actually haven't watched much of his other stuff, but I am really inspired by that video that I would love to much more of his stuff. Im starting to listen to more and more videos and podcast lately so I will add him to the list.

    I am also going to be making more videos myself and tonight I am working with FLDC communications expert on doing more counterparty videos. Hopefully I can add something to the internet as well

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