Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XEL] Elastic Project - The Decentralized Supercomputer
by
clivemy
on 21/05/2017, 10:26:37 UTC

To those who may just have come back to the project, there is a vote taking place on whether to launch a lite-wallet (mainnet) now or wait for a Minimum Viable Product to be available.

I can write some of the pros and cons, but I must state that I am pro lite-wallet, so hopefully someone against the issue will elaborate on the cons.

Pro:
  • This will give devs, testers and PR people an opportunity to hold a financial stake in the project, by buying up some of the XEL that will be released onto the exchanges.
  • As a Minimum Viable Project (MVP) may be many months away, now is the time to give the project a boost.
  • We will have the funds to set up a foundation and pay for work done on the project, development, PR, website, etc.
  • The burden on EK will be lifted, as he will have more help.
  • Releasing now will mean that we have more likelihood of attracting the type of people we want, since the main source of how far along we are is in Github and only IT Pros will know how to read the code and see for themselves what we've got.

Cons:
  • There are concerns that XEL will just end up being a pump and dump opportunity.
  • Not having a MVP and releasing now will take the wind out of the sails of the project for when we do have a MVP

Edit:  The voting ends on 23rd May.  You need your wallet signature (that you used to donate to the project with) to vote.

Reposting again.  Click the top link (posted by unvoid above) to take part in the vote.