Post
Topic
Board Announcements (Altcoins)
Re: Idena is the first Proof-of-Person Blockchain
by
LaaMos Seeth
on 03/06/2020, 08:58:19 UTC
There is nothing funny in recent events and in general. The greed of the developers is amazing.
1. Absolutely unfair punishment for reported flips.
If someone doesn't know, then for reported flips, you completely lose the reward.
You will not be rewarded for successful validation, for invited users and for flips. Is it fair? No.
A poll was taken. Only the votes of identified users were counted.
Quote
Should Idena:
A. Leave the current system of penalties. One reported flip = loss of all rewards from validation.
B. Use a proportional system of fines for bad flips.  1 bad flip - 1 unpaid reward, 2 bad flips = 2 unpaid rewards, etc. And all rewards are not rejected for bad flips.
1) A.
0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac (https://scan.idena.io/address?address=0x0adc1dc970b0750e253ec97b4a9e3c85c04dedac)
2) B.
0x818c464ea1bbf2d5212a2c8dead3971e5636405b (https://scan.idena.io/address?address=0x818c464ea1bbf2d5212a2c8dead3971e5636405b)
Send small amount of DNA to one of the addresses to vote for associated option.
ONLY VALIDATED IDENTITIES COUNT!
Variant B won - 54.94%.
Where is the reaction of the devs? Nowhere. They are not profitable to give users more coins.
Greed.
2. Because of a bug in the previous validation, due to the fault of the developers, all users lost their validation reward, flip reward, invitations reward, nining reward for next 10 days.
Can devs recover these losses? After all, the fault was theirs. Yes, they can, but they accused users of weak hardware. It is unprofitable for them to pay compensation.
Greed.
3. The increasing premine. What the f*ck is this? In what other coin did you see the increasing premine ?! This is f*cking scam. The larger the premine, the lower the value of the coin.
And in this coin, it is constantly increasing!
Greed.
4. When someone suggested increasing the reward for flips so that a person would try to make flips better and be afraid to lose rewards for a bad flip, all sorts of admins and other personalities immediately started laughing at him, calling him stupid and told that no one would give any more coins.
Greed.

Option B won cause people (you included) are greedy. Simple as that.

But it's easier to say devs are greedy. Grin

1. People spent time on a short session, a long session and verifying keywords. They spent time and effort and successfully passed validation. And they must receive a reward for this.
2. People invited other users to the Idena network and those successfully passed validation. Therefore, inviters should receive rewards for those invited.
3. People made good flips and should get rewards for them.
4. People made bad flips and do not receive rewards for bad flips.
It's easy.
Why for point 4, people lose their rewards for points 1 and 2 ??
The punishment is completely out of proportion.
There is no greed. What is done well must be rewarded. What is done poorly - not.


Here it doesn't matter who is greedy or not.

If a situation/proposition was the subject of a vote, and one side won, the devs/team/system should implement the decision, no matter if you/they/anyone like it or not. I don't know the story but if what LaaMos Seeth said is true, that the winning side proposition wasn't implemented, then why they started a vote session in the first place?

Not talking about governance power and stuff. Simply don't do it, because if you do this, is like you said: "Let's vote! But if you win you'll loose anyway" - in other words - let's vote if you wish, as we will piss on the result anyway, because we can.
Of course it's true, voting took place in a Telegram.