Hi everyone,
as you will have seen I put in a request to send 300,000 RNS for multipool development by pjcltd
As previously agreed, generally people felt the bounties were too low so they were under re-evaluation (ie. the twitter polls) and while 300,000 seems like a huge amount of coins, that only fetches for about 0.2btc at the current price.
IMO, getting a renos multipool for 0.2btc out of the development fund is a good deal. If we want the coins (especially the development fund) to have value then we need to develop services and technology around the coin.
For me, a multipool brings is a great initial development because not only does it attract the miner community to the coin, but it provides a constant buying power on the market.
If you still disagree with this development then fine but we need to be realistic with what we can achieve and for what price.