Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
rpietila
on 08/11/2014, 09:21:31 UTC
I think we all see the same problem that at current usability we are not able two reach new investors/user whatever - but the problem here is not the emission rate but the functionality at this point of time - if we had the choice of working functionality or changing emission what would you choose?

I am one of the very few fulltimers in Monero currently (the other whom I know working full-time is David Latapie). I have had time to examine that question, and it is phrased wrongly. We do not have to choose. We have to make all of them happen. Without each of usability (in the form of both DB implementation and a reliable webwallet), AND reasonable emission that is not burned out before the coin has a chance to hit mainstream, Monero's living is only in the hands of competitors doing even worse.

DB and wallet are coming, and people are putting real work on them. Emission has also been real work because of many opinions involved, but we are in the final decision steps now. If the MEW finds it in favor of emission cut, the core team can legitimately change it (they wanted to change it already in April but the vote was rigged, and afterwards the main reason not to is lacking legitimacy "it is too late, social contract, everyone will hate us"). If the MEW decides that change is not needed, then the matter is set in stone and normalcy restored.

The voting thread.