Apology to who? They told what the fund was going to be for too. They didn't even hide what they were doing with the money lol
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Apology to who? They told what the fund was going to be for too. They didn't even hide what they were doing with the money lol
I should also point out this project was also the more detailed about what they are doing with the finds than most.
Of course like all things you need people to look into it but this is far the one that most people could actually get more info on since this had so much money to deal with it.
Also the DAO fund is a common and well tested system used by other coins such as Dash and Decred so the inspiration for a more decentralized funding source that many argue that coins without such as bitcoin and Ethereum are more prone to outside control. Does anyone really know though? No as all things can be exception
Well this is a POS system and thus according to the laws of the market the consensus has verified it as such.
They don't need to apologize for such and have used their stake in market based way. They have not lied and like all systems some people will be unhappy.
I won't convince you this is a good think as you think this is not ideal but this is how POS works.
At the very least I can tell you that none of the stake is being used to benefit the long term development fund so the platform can find itself.
If you don't like this scenario you must not like having no power in DPOS nor other POS chains which I think is fair enough.
Since this is all open source and blockchain options to move is more possible. No one has found a better system but all hope is not lost and maybe we will see a system more equal for all users though some people might think this is communism. Who knows 🤷♂️