Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer
by
palawan
on 07/05/2017, 21:13:38 UTC
....
So i am not in favor of launching a lite-version.
....
We are in a sort of Catch 22 situation and it's good to see the arguments for and against launching being aired.

I would argue that by releasing a light version we could attract Devs, testers and PR people to join in the project and help EK and the community to realise the full potential of Elastic, by giving them the opportunity to have a financial stake in it.

Anyone that has been reading this thread can see the ridiculous hours that EK is having to put in.  

Is it right that we continue to expect him to carry this burden alone?  

Plus, with a bigger team of developers, it might be possible to come up with a timeline for release of a full version.

I think it's reasonable to at least put this to a vote within the community.

I can see your point.

There's another coin (Monero XMR) that I hold and it has a scheduled hard-fork periodically.  The development of features (mini-projects) are funded through FFS community efforts using xmr as the currency of payment so there's a built-in share in stake for the success of xel.  It's a nice setup and it works as Monero has a lot of features that are being planned and everyone can see what's coming and the funding needed.

Some of the projects got funded when xmr was very low USD price, so looking back now, the developers got a nice chunk of value $ but that is part of the appeal of FFS development ($33/xmr atm).

We can follow the same path?  Have an XEL development fund where people contribute on features to be implemented in the future and all other things that need development (i.e. software gui wallet, mobile wallet, website, etc).

I think it's only possible if xel is launched to attract outside developers.  The exchanges will support the periodic scheduled hard-forks if there's good volume for the coin (as it brings them lots of profits from trading fees).  Hope we can be half as popular as golem...