going open source is not going to turn this around..this is not the reason for the lack of interest.
other projects are closed and doing well.
This is being held down by someone.
Focus more on develpment funding and governance mechanisms and marketing.
I agree, in principle, with cryptohunter. I think the "open source" thing has gotten out of hand. The original discussion for "open source" was to get CLOAK on Poloniex. I'm sure there is a way to give it to them if that is indeed what is needed to be listed there, and not give it to the rest of the world at the same time. I would request the developers talk to Polo see if they can get a straight answer from them but, Polo will NOT make or break CLOAK, we still need PR and public awareness as well as places to use it. Polo is only one of many exchanges, remember that.
totally agree.
Open the code if we guarantee some benefit, okay.
But to open it without any guarantee I consider too risky.
In crypto, if you want to be taken seriously, you need to be open source.
Monero - open source
Dash - open source
Zcash - open source
Zcoin - open source
NAVcoin - open source
Shadowcash - open source
Bytecoin - open source
PIVX - open source
That's just some of the competition. Notice how I listed anonymous coins and not some others that are heavy on gimmicks and ignore the core fundamentals of being a solid cryptocurrency first and foremost. If you can't exceed what they do then you might as well close the doors and walk away.
It is not always as straight forward as that though... we will never know how much larger or smaller they would have been either by doing vetted analysis of their code by other top devs or even staying closed to all. Also many delayed going open until they dominated and had big clear lead.
Monero - open source - well the copied bytecoin right? so could not close it then
Dash - did not open source properly for a long time until they dominated anon
Zcash - open source - cost them being much larger imho so many clones from day 1
Zcoin - open source - same zcoin classic stealing their thunder
NAVcoin - open source - needs investigation soopy and myself are in discussions due to some of his prior actions.
Shadowcash - open source - not looked into it
Bytecoin - open source - nobody knew about it for months and months over taken by xmr now since they cloned it an had bigger team
PIVX - open source -
Imagine the code vetted by peter todd or some other very respectable developers and given the green light in an article
far more powerful than open sourcing imho.