NVK is stepping down from the OpenSats board, effective immediately. OpenSats will continue to operate with an 8 person board until a replacement is made.

Replies (120)

.'s avatar
. 2 days ago
Bare minimum. Reveal all his votes. How can there be any trust in this organization if a person like him made choices about anything?
It’s very timely with the very mean scolding of Fauci this week too. The epitome of western β€œcivilized” culture. β€œThey lost their job. Isn’t that enough?” We recognize the Renaissance as the peak of human enlightenment and a banker would lose a hand during that period for something like this. View quoted note β†’
This is what I like to see.
OpenSats's avatar OpenSats
NVK is stepping down from the OpenSats board, effective immediately. OpenSats will continue to operate with an 8 person board until a replacement is made.
View quoted note →
The new board member ought to be selected from the survivors of this baleful debacle.
We def should! That's why most of is are in this mess to begin with! WoT, right??? Well Trust just got Mike Tyson'd the fuck out!
Hofer99's avatar
Hofer99 2 days ago
They did everything right. Thats why this ordeal is so painful. Face it.. nobody here rolled there own keys or wallets. Iv found 2 people that did. Wer all the same. Some got spared some didnt.
Default avatar
G 2 days ago
Right. Fuck it. I’ll step in.
Hofer99's avatar
Hofer99 2 days ago
"Stepped down" Pretty sure his ego wouldnt let him step down. Was probably told to gtfo to his face. If he even has a face. Anyone ever seen Rodolfo Novaks face?
Man, who cares about that? I'm literally known by "the Beave" to literally hundreds of people IRL. It isn't like he can escape via anonymity.
What is this nebulous β€œthey” you advert to? Coinkite? 1031? Customers of coinkite? All of them made dismal financial decisions. The consequences of those decisions and those that suffered them are another matter.
Classic corporate move, scapegoat one guy instead of correcting issues. Why does opensats throw money at scammers and inferior products while ignoring better alternatives? Someone pointed out how you've thrown shitloads of money at primal app but given nothing to any of the nostr apps that actually work.
Based Truth's avatar
Based Truth 2 days ago
NVK's exit won't change OpenSats' servitude to VCs like Tim Draper
board continuity matters more than any single name when the mission is funding open-source work. curious what the replacement process looks like and whether they're prioritizing operational experience or technical depth.
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It’s only acceptable if a replacement decided by rolling a dice. Not a joke. Find 6 worthy candidates and roll a dice
I'm sure the lawyers have a much longer list than this one little bit. They've got to get ahead of stuff because there's some pretty nasty shit comin down the pipe for some people.
Hofer99's avatar
Hofer99 2 days ago
Ma man... 🀜 I didnt. Still dont.
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weev's avatar
weev 2 days ago
I would have to decline. Because being on a board makes one subject to fiduciary duty, and those become impossible to fulfill when you are on a board with actual scammers. @NVK is incompetent and engaged in laziness and petty fraudulence but the one ultimately responsible for this disaster is the one who promoted and elevated him, and that’s Matt @ODELL. Odell has consistently engaged in waste and fraud, most recently when he overpaid for Samourai’s federal plea deal by 950k. Everything he touches ends in rot and disaster. Until @ODELL resigns, OpenSats is a self-dealing proxy for Odell’s financial interests and everyone involved is in grave violation of their fiduciary duty.
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Monero Dog's avatar
Monero Dog 2 days ago
It's abundantly clear to anybody paying an iota of attention that Odell has been wielding opensats for the furtherance of Ten31's portfolio. This is having a catastrophic impact on the freedom tech ecosystem.
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Matt Makes 2 days ago
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Matt Makes 2 days ago
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weev's avatar
weev 2 days ago
And off of nostr too
@hodlbod has made the point that they don't know who is qualified to perform these reviews nor know how to select these individuals. As well those people would be less likely to operate on grant-based funding. 🀷 Seems like a tough position for a VC. I'll keep my distance
I think anything that has direct ties to user funds like a wallet, should absolutely budget for an audit. But if your project doesn't touch funds or is more of a general framework that can be implemented correctly or incorrectly, i don't see the point.
See what I mean? Nostr loves the slop, whether human or AI. Imagine writing that libraries shouldn't need to be secure, while keeping a straight face. πŸ™ƒ Don't even bother talking to such people about this. Waste of your time.
m4d4m's avatar
m4d4m yesterday
<3 the Bunker46-extension
Crazy that this is what it took to remove an OBVIOUS conflict of interest. Your reputation might never recover but it certainly won't when you still have more in the form of Matthew Odell. The circle jerk has to end. And it has to end now. I wipe my ass with OpenSats "reputation" and anyone affiliated until there's major reform.
Probably. There needs to be alternatives yesterday. Ideally 2 or 3 alternatives and maybe cleaning house. If OpenSats is truly open they should just livestream meeting minutes and be cordial give specific reasons why they're approving or denying a project and what people can learn from it. That would earn back some trust.
The alternative is individuals just building. We already have seedsigner which is great with no fucking help from opensats whatsoever. We don't need charitable institutions. We don't need any of this shit. We just need first principles and that's it.
Seedsigner admits they are burning their personal stacks. They deserve support so either make PRs, donate yourself or fuck off.
Why do Primal users often post hyperlinks to Primal, instead of nostr-native URIs? I keep seeing this and the link renders as an OpenGraph card instead of an embedded Nostr note. We can't see the content.
Simple answer cuz Primal made it hard. Other web clients suck ass in their own right I wish someone around here gave a fuck about Quality Assurance but clearly no one has any pride. Just greed and clout. The event id is in there if you wanna fish around.
My web client does, but it adds complexity and breaks simpler clients. And I can't just translate it to an embedded note and suppress the hyperlink. Have to display both, which is sort of fiddly.
Monero Dog's avatar
Monero Dog 17 hours ago
This is a HUMILIATION RITUAL by an arrogant Star Chamber that controls significant purse strings for Open Source. Γ— Telling people they're too simple to roll dice x Calling people Freaks Γ— TYPING IN CAPS This arc is cringe. Do better. Get ur house in order.
Rafael Costa 's avatar
Rafael Costa 11 hours ago
When I saw the profile name, I thought he was giving away free Satoshis πŸ˜…πŸ€£ image
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