Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
BanditryAndLoot
on 08/11/2014, 19:22:28 UTC
Ok once again i explain it like if you guys are 5 years old:
What new FORK!?!?! It takes a few fucking lines of code to change the emission at block XYZ!

I get where you're coming from, my take from the proposition was that it seemed like a way to sidestep a 'social contract', without actually changing it. A way to feel good about changing something that doesn't usually change. I don't agree with that method at all, but they did raise the point so I was trying to understand what they were saying and why I disagreed with it on their terms. Sorry if it was confusing.

We are all open to change if the community reaches a consensus, but it hasn´t so far, so don´t even think of dropping the core team into this mess as it has nothing to do with us being in the way.
The reason why no consensus is reached is prolly because no one has found a good solution so far? An emission he can explain to every monero commuinity member and where the majority agrees that its better for us?
The problem is not on the Monero core team side nor is it on coding that, its solely a problem that till today no consensus has been reached and everyone who proposes something can´t really back it up.

I'm not sure what you mean in bold? You said that you'd listen to the community, so I'm confused. Are we misunderstanding each other? I'm not blaming you guys for anything lol, or that it's a problem for just you guys, it's all our problem.

If it wasn't a problem, then why does it keep coming up? We've got so much less attention now, that I don't think it's trolls bringing it up.

We have two big problems that I see in front of us right now:

ONE: the price is too high
TWO: the emission is too fast.

Dropping the price doesn't change the terms of the social contract at all, but we risk losing current and future attention from people that like to buy and hold expensive things, and apparently large holders are pissed and ready to leave. On the other hand, dropping the emission will likely preserve the price, changes the terms of the social contract, and we also risk losing both future and present attention from people that like to buy cheap things, but we also likely keep the attention of people who like to buy and hold expensive things.

I'm on the edge, and an undecided community will always settle on no change, regardless of what the change is proposed to be.

edit: Really the only way I'd be able to make a concrete decision is based solely on which one will allow development to continue. I'm currently under the impression that the dev team is already donating all of the free time they have available for development .. but I'd wonder if either of the two problems mentioned above has any affect on that.


Did some of you guys even talk to miners or poolops about this btw? I guess not even that happened, but flip it like you want they are an important part of the XMR ecosystem.

I would also mention talking to exchanges on the matter. If they are not in favor of change, then we'd be forced to use their chain (existing one)

Do you even know the Emission?? I guess not, before fees kick in it will take over 10 years with the current emission, if we arent successful till then i don´t know but i think we have other major problems then.

I'm curious if you think fees will sustain this, as opposed to a tail end emission? What are your thoughts about that?