Blocknet may not be the be all and end all to cryptos issues and certainly is not the be all to its ultimate future and success. It is an idea not yet implemented, one that needs to prove its worth before elite tech joins in!
If this was about money purely then we would all be for the blocknet because apparently its going to solve all crypto economy issues! There is nothing stopping Shadow from joining in the blocknet later but in my opinion its wise for the core team to just focus entirely on their own project and hammer out its core foundations..
I also, personally think that Shadow has the potential to solve all of this within one network! An that is something you will have to kick back, relax and soak in! Its not fair what some of you are saying..fact is the dev team and project need to focus on their project and the blocknet is just another distraction that can be persured later on if need be. But again i think all this can be solved within Shadows network, it certainly has the potential to hold its own and certainly the plans and tech ideas for teh future that will completly change the way you think, see and interact with the Internet and online currency!!
The decision is wise in my opinion because Shadow is about to launch some extremely useful projects and needs all the team and its supporters energy focused on that. It certainly does not need anymore distractions and because it is able to enter blocknet at anytime it is not a loss or damage to anyone..It is just a very wise choice.
I advice some of you to accept it without dragging my name through the gutter again and again..some of the things some of you put my name to are just bonkers and you should really re-read what you are even insuating!!!!.
Please do read the stats. How do you plan to expand the # of people that will actually use/accept Shadow coins? How can SDC possibly become a currency with only 300 or so people??!?
The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning. You can totally tell from the rich list.
http://sdc.blockexplorer.cc/richlist/index.php?min=0Look at these stats:
Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC (~$7 USD)
Only 215 addresses with at least 500 SDC (~$35 USD)
Only 177 addresses with at least 1000 SDC (~$70 USD)
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC
The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses). (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)
That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.
I really need to reconsider my position in SDC after this debacle....