⭐ Merited by contraband (5)
It is important to understand that ETN is a real company so it will behave differently from most of the coins we have seen in past.
Hence, every issue will be communicated in a very different way.
My interpretation of the ASIC issue, is that they are working on a fix but their new developers are still ramping up. Development takes time and there development/testing timeline will take longer at the moment. The point being is they know when the fix will be ready to launch but this is longer than most be people will desire. For example, a company may look bad if it announces that a fix is being worked on and it will be implemented in 4 weeks. So what they tend to do is wait 2 weeks to announce that a fix is coming in 2 weeks. Different ratios can be applied dependent of issue size, complexity and impact.
It has to be said that ETN's communication strategy and execution is inconsistent across bitcointalk, Reddit and Facebook. However, based on the age and size of the company this sort of behaviour is not unexpected as they want to prove them selves. They also have to balance good news, bad news and transparency to give the right impression.
It is quite clear, and understandably based on the comments on this channel, that ETN will not directly engage in small talk. Once ETN grows I am sure the current/new community manager will get more involved but they have enough on their plate at the moment.
ETN has just started it's journey so appreciate the steep learning curve they are climbing as a real company!
Hence, every issue will be communicated in a very different way.
My interpretation of the ASIC issue, is that they are working on a fix but their new developers are still ramping up. Development takes time and there development/testing timeline will take longer at the moment. The point being is they know when the fix will be ready to launch but this is longer than most be people will desire. For example, a company may look bad if it announces that a fix is being worked on and it will be implemented in 4 weeks. So what they tend to do is wait 2 weeks to announce that a fix is coming in 2 weeks. Different ratios can be applied dependent of issue size, complexity and impact.
It has to be said that ETN's communication strategy and execution is inconsistent across bitcointalk, Reddit and Facebook. However, based on the age and size of the company this sort of behaviour is not unexpected as they want to prove them selves. They also have to balance good news, bad news and transparency to give the right impression.
It is quite clear, and understandably based on the comments on this channel, that ETN will not directly engage in small talk. Once ETN grows I am sure the current/new community manager will get more involved but they have enough on their plate at the moment.
ETN has just started it's journey so appreciate the steep learning curve they are climbing as a real company!
This post covers most of the points I was about to write, except one more thing which I'd like to add.
I see a lot of people are saying that "shitcoin A" and "shitcoin B" have made the fork, yet how many of these other coins are different from Monero? If I was to copy-paste a coin's code in order to premine, pump and dumb I wouldn't think twice before copying any new code added to the copied coin.
But I feel ETN team is different. They're not making a Monero clone, they're making their own coin which only started from the same base as Monero. I can't know for sure but if they've made big changes to their code, maybe just copying the anti-ASIC change from Monero code will not work as-is. It's logical that they want to run tests first.
In the mean time, we can enjoy cheap ETN buying!
