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RE: A response to xaqfield's post "Gridcoin Issue Breakdown: "Wealth" Disparity"

in #gridcoin7 years ago

An excellent synopsis of the situation the Gridcoin Community finds itself in at present.

Whether we like it or not there will always be the 'crunchers' and the 'whales'.
There are also 'cruncher whales' the name I call community members who have multiple hosts at their disposal (virtual and physical) and also have 'weighty' wallets as a result of their computational power.

These powerful 'community members' are ultimately necessary as their wallet weight gives the Gridcoin currency its strength and stability.
However these 'community members' are not true community members if they do not interact with the community on a reasonably regular basis.
There is also the lingering fear that these 'community members' could 'sell out' at any time without warning.

This certainly causes a dilemma as the 'crunchers' and even in some cases the 'cruncher whales', inevitably feel that they have more right to plot the course of the coins future development, the day to day running decisions of the Gridcoin Community and Foundation expenses. This is where the schism lies.

I believe the only resolution in this case is some from of governance which more evenly distributes the decision making power across the community as a whole.
At present our voting system does nothing to balance power sharing.

boinc

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