What innovations do people feel need to be added, if we list some things then we can work out if its achievable or logical to do. Things can be outsourced if needs be but personally I dont have a problem with the dev wallet is solid and is staking well which is more than what I can say for other coin experiences iv had lol. When someone plants a seed it doesnt mean other people cant come along and water it to help it grow
This is where radical thinking is going to help us more than anything.
One of the primary problems with cryptos is that they are pretty much all the same, they are all built on the same mechanism and unfortunately, open to exploitation and corruption, hoarding and whaling.
One of the ways I look at this is similar to the idea of "quality". Quality is not something that you can simply add on when you've completed a product and hope for the best, it is about the entire process from beginning to end. If quality is addressed from the start and maintained throughout the development and delivery processes, a quality product is almost guaranteed, whatever that product may be.
I'm not sure it's as simple as adding something to Libertycoin to make it different, but reassessing it's very foundations and questioning why it exists and what are it's goals.
Fundamentaly, right now, it is exactly the same as every other coin.
With a solid mission statement that sets it apart from all the other coins, progress can be made to move it away from the current state of all the other cryptos and into new, unexplored territory.
But the disproportionate distribution of wealth at it's very core - regardless of who owns it - will always hold it back.
In the French Revolution, the Aristocracy were beheaded by the people!
No, I am not saying we need to take the devs to the guillotine! haha!
Once the Aristocracy were overthrown, their wealth was accessed and redistributed.
The redistribution of the current wealth of Libertycoin is critical to moving forward, IMO. This is very radical indeed, but gets to the very core of the issue of Liberty and crypto coins in general. Without this, it may never move forward at all - at least not under the banner of Liberty. It may need to drop the entire concept of Liberty and just become another coin so that the few wealthy individuals can remain wealthy. This is the easy way out.
I do not anticipate that this redistribution will occur, however.
The fair distribution needs to be done at the very beginning of a coin's life cycle, it will be almost impossible to do now that those coins are beyond the mining phase and in the hands of a few individuals.
It's not so much about the solidity of the programming or new delivery mechanisms, but the coins that were created and where they are right now.
There needs to be a mechanism by which no individual can ever hold more than, say, 1% or less of all coins in circulation for
example.
Then it becomes the coin of the many, not the few. Then, as the coin gains value, everyone wins at once.
I dont agree with restrictions on ownership. Coins can get redistributed over time because anyone can buy them at any time. There is no way to fairly distribute coins, it is the nature of the crypto beast.
If everything goes well, as more people buy the coins, the price will rise, and the coins will be redistributed to the buyers.