Quote from: lukaexpl on November 09, 2017, 04:01:04 PM

Quote from: Samarkand on November 09, 2017, 10:28:35 AM

Quote from: lukaexpl on October 27, 2017, 08:19:34 AM

...

To summarize, what I wanted to ask is the following:
IS THERE A WAY TO KEEP SUCH IMPORTANT SOFTWARE OPEN SOURCE (to be able to vet it) WHILE STILL PROVIDING MEANINGFUL FINANCIAL INCENTIVE TO DEVELOPERS?

2. Incentive due to own coin holdings
Many Bitcoin or altcoin developers are sitting on a huge stash of their respective cryptocurrency of choice. This means that they are directly incentivized
to improve the protocol, because any improvements would likely increase adoption (or at least prevent the fall of adoption or people switching to a more
innovative competitor), which would increase the value of their coins.

Yeah. That is what I initially thought would be the case but whales of second largest coin by market cap prove me wrong.
They have done jack sit to improve end user experience. Half of the world uses myetherwallet.

What should we expect form micro-whales then?

I understand that you can increase your user base by targeting the less experienced coders and providing them with support for all the previous applications,but how are you so supposed to improve your own product when you cant get rid of the parts which are not as good.