With barely any dApps the blockchain is huge and growing fast.
If it will grow so fast with these nonsense-spam-flooding transactions I worry that it can become unsustainable with just a few dApps.
Spamers are sending money back to themselves having fun and laughing watching the blockchain become spam-hog.
It should have been designed with a much lower block size and block reward and then gradually increased which could limit inflation in terms of number of coins and in terms of inflation in blockchain size. Now we have a blockchain with GB of spam and rubbish with almost no dApps, which price has tanked, thus no business would like to touch it unless they are miners (LOL).
It is ridiculous!
The parameters of the blockchain are totally inappropriate. Why there was no governance application designed even on Ethereum which would allow community to vote on basic characteristic like inflation curve and other important parameters long before genesis block? It was so easy to made, but the team decided to not to ask anybody from the investors and community. So many things were hidden. If the parameters were defined properly, that is ok, but the basics of the blockchain are wrong. Somebody had a huge fun, but the blockchain may collapse before it will be adopted.
Hello,
Your statements are a bit misleading to say it mildly. There are more and more æpps being built on æternity blockchain, but even taking them into account, I would not say the blockchain is huge. Besides that, there is a garbage collection implementation -
you can read more about it here. In times when the block size is an issue for so many blockchain projects, arguing in favor of a smaller one is not really well thought through.
The governance æpp is up and running for months and everyone can start a poll. You are welcome to start one and suggest better parameters.
Best regards,
The AE Team
if zahl is not right then maybe you can explain why the price of ae coin dropped to say it mildly?