JAXX Wallet Service CANCELS MONERO INTEGRATION/ ADDITION!! Difficulty with community was cited.
JAXX recently cancelled its big integration of Monero into its platform, citing “too many difficulties.”
JAXX is a multi-coin wallet which is what attracts many people to it.
It works across multi-platforms with a focus on the customer. The company was set to integrate the privacy focused cryptocurrency in 2016, but faced many delays.
CEO Anthony Di Iorio announced the cancellation news via Twitter:
https://twitter.com/diiorioanthony/status/826953622088982528?ref_src=twsrc%5Etfw
On Feb. 1st, he was quoted as saying:
Anthony Di Iorio
@diiorioanthony
Saddens me to announce we've halted @jaxx_io @monerocurrency near term integration plans. Too many difficulties. Need to refocus resources.
Near the end of December 2016, he also posted screenshots of the nearly completed wallet for Monero integration via the same Twitter account!
INTEGRATION ISSUES:
JAXX reportedly came across technical difficulties with the currency Monero ecosystem, detailed in a blog post by Di Iorio on Dec. 19:
“We believe to have determined the critical issues that are leading to problems with Monero growth and that these problems are hindering the adoption and success of the Monero ecosystem.
As such we are putting a call out for support from the Monero development community to help us break through these problems. We are confident that if these roadblocks can be bypassed, Monero has a great chance to flourish. We believe that unless solved, these issues will greatly hinder Monero’s ability to compete with projects that have similar features.”
Di Iorio stated 3 major challenges facing the integration process, and potentially threatening any future integrations into similar light wallet systems:
- Non-existing lightweight client library support - for a project as old as Monero its peculiar no dev has done this.
- We would have to implement support for anonymization features.
- There are RPC (Remote Procedure Calls) API Limitations that would require changes in the Monero daemon.
Difficulties working with the Monero community as cited:
To speed up the integration process, Di Iorio worked closely with key Monero developer FluffyPony, though he stated that it was not sufficient to complete the process in a timely manner:
“As mentioned in previous update posts, we’d like to thank FluffyPony for providing us with assistance with the integration. But we need more help than he’s been able or willing to provide.”
Di Iorio’s comments seem to hint at a possible conflict of interest on the part of FluffyPony, noting his role as both a main contributor to the Monero GitHub as well as running the popular Web wallet MyMonero, possibly giving an incentive to limit the amount of assistance provided:
“The issue is that his help has been limited as although he is a main contributor to Monero, he also owns MyMonero and has a profit incentive not to give away his “secret sauce” on the back-end. You see, MyMonero hooks right into the code and this coupled with him being one of the few main contributors on the Monero Github gives MyMonero an upper hand against other projects trying to create similar services.”
Conflict seems to have been a difference in communication channels, whereas the Jaxx team preferred to conduct things on their own Slack channel in private, whereas the Monero community preferred public conversations on their own subreddit.
In the subreddit - /r/Monero, which contains well over 100 comments and underscores the communication divide, Di Iorio underscored this conflict as a key factor in the decision to keep integration discussions off Reddit:
“We are re-evaluating our transparency and use of Reddit to communicate with the Monero community. The amount of venomous comments and lack of support in response to said comments are really disheartening and don't inspire us to continue working on the Monero integration...but maybe that's what some of those commenting want.
After internal discussions, we've decided not to use Reddit anymore to discuss our Monero plans. Turning out to be more detrimental to our team then [sic] its worth. Moving the discussions fully to our Slack channel and our other social media avenues.”
2 screenshots from CoinTelegraph I grabbed and resized. Their article is where I found out about this and it is their image I used above, also.
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@aunt-deb -- based on our private chats about some of this, you should take note.
Thanks! I'll check it out. Work has been kicking my ass, but hope to have some down time tomorrow to dive in.
Appreciate the heads up, bud!
Conflicts of interest all over the place...
The more we #Crypto101 types learn, the more we see many things in this space, that resemble some of the problems we are hoping to get away from in the world around us.
It is important to remain vigilant in all things people!
Nice to hear from you friend.
I was actually away for 4-5 days. Changing my computer in a hurry (and then traveling around the world, for a change :p). But now I am back (at least for the next few minutes before I will collapse and sleep ;) )
LOL, get some rest, we cannot have you sleepy and making a mistake and blowing up a particle accelerator or anything now.
They have already dismantled the one around here years ago, years before its completion (here = texas). So no risk ^^
https://twitter.com/BarryDutton/status/828767229168721921
#JAXX founder named here on his twitter feed also says it looks like Exodus Wallet will proceed with the Monero integration and they will send them their notes to help.
Anthony Di Iorio @diiorioanthony Feb 2
More
Wishing @exodus_io luck w/ @monerocurrency. Reached out 2 them 2 compare notes. We may have some tools / libraries to assist them. @jaxx_io
https://twitter.com/exodus_io
I don't think this is a very big deal. Check out my opinion below:
https://steemit.com/cryptocurrency/@kyle.anderson/no-jaxx-for-monero-not-as-big-of-a-deal-as-you-might-think
On the positive side its good news for dash
I did consider that right off when i saw the news. I must be learning LOL
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