You are viewing a single comment's thread from:

RE: Breaker of chains

in OCD6 years ago

I think many of us have also been thinking about the consequences of a chain split. There are so many open questions about the nature of the break, so many strategies to possibly implement in order to give the new creature the best possible chance to move forward.

It's really difficult to make decisions that are subjective regarding nullifying stakes that are identified to be traitorous and/or counter to the objectives of the whole, since it is not ever totally clear what the consensus of the whole even is. That being said, in doing something as drastic as splitting the chain, it would be best to perform the most extreme measures from the very beginning so that it sets a new "square one."

Like it or not, lots of baggage will come over to the new chain, but perhaps the major skeletons in the closet can be laid to rest if it is done wisely and carefully. I like the idea of reducing inflation way down; this combined with the burning or dedication of ninjamine stake towards development ought to increase the value-per-token quite a lot and incentivize creating SMTs to fill the role of minting coins more freely for various purposes.

Anyway, I have seen enough of the strength of core community here to know that most will not just roll over and die. A few billion dollars is nice, but a dedicated team and user-base is arguably worth much more than that because the potential there is exponential.

Sort:  

Yep, I am just hoping that a lot of the baggage can be left behind and that the changes implemented are of the type that benefit holders to create a solid base to work from. Lt's see how it goes.

!ENGAGE 25



@d-pend you have received 25 ENGAGE from @tarazkp!
View and trade the tokens on Steem Engine.


This tip bot is powered by witness untersatz!