You do not think that current possibility to opt-out from contributing to development is enough?
You can not opt out. You can only vote to reduce the rate of payment.
I wasn't going to reply at all but since I replied to correct this point I'll add that I don't think the 1% deferred premine is a big deal. The mechanics of the system could have been disclosed better but as these things go in crypto it is a relatively insignificant issue. Everyone was well aware of a 1% developer reward even if the exact details were clear only in the code.
Also, CZ used some of the boolbs from that 1% for bounties for ppl that contributed somehow to the project. E.g. I got 10ish block worth of boolbs at the time for putting effort in tutorial thread. And another point is, as the "premine" is deferred, if anything it further incentivise devs to take care of boolberry in the future. I completely agree with you smooth, tnx for correcting me
Still I believe the ongoing premine is a problem for many, generally interested, people. There is nothing that can be prefixed with PRE there. It simply is a marketing thing, and BBR is flawed here. It might not be a big flaw; but it is a flaw simply because that premine is inherently something centralized with no real opt-out switch (so you are forced to accept it).
But you could hardly call it
premine if devs will get 1% of block that will be mined in a week or in a month. There is not much that can be prefixed with
pre there. Smooth has best name i've jet heard for it, "deferred premine", and you'll realize that the model actually gives incentives to devs to work on the project in the future, which does gives it an edge compared to other projects when speaking of probability of devs working harder on the code and adding features that add value to the network, while not being premined network.
With that said, other non-premined projects might actually be flawed by not having BBR model for keeping devs inherently motivated
Well, I do see your argument, but reality says otherwise. Devs simply are not releasing any news or updates, no? It's a premine irrespective of the attribute. Most people don't like that. Money is always an issue, but getting "1% of every block" is not an incentive, it is a bold flatrate.