You are viewing a single comment's thread from:
RE: SBD Potato: Peg Repair Community Initiative
I agree more improvements are needed but hard forks are necessarily rare (other than in cases of emergency, which hopefully don't happen) and developer focus (which for the next fork at least is mostly on SMTs) is even more scarce. After that we are looking at several months to a year. We should continue brainstorming and discussions but I don't see a quick fix in the blockchain itself.
In the mean time it is possible for the community to do some good with the tools we have, although not everything, as you correctly point out.
It should have been in the last Hard Fork and an absence of any attempt to address the SBD peg issue says to me quite clearly that it won't be addressed. I'd be happy to wait for months or a year if there was actually a commitment to fix the SBD peg, but once this band-aid goes on the issue will just be swept under the carpet and forgotten about once more. Rinse and Repeat = Credibility does not get restored long term.
It's all well and good to come hat in hand to the community for funding of a band-aid solution, but I think that as a platform we could (and should) do better.
I don't think it is useful to dwell on what should have been done. We all have ideas of things which should have been done differently around here, at least I do.
To be clear, I don't think this is an amazing 'solution' but I consider it a fair alternative/complement to burnpost (also a band aid) as a way to keep (or at least reduce) rewards from being dumped on the market, as well as address some of the internal imbalances, while potentially channeling some of those imbalances back into platform value.
I also don't think it makes much if any difference to what might or might not get implemented in the blockchain in months or years, but I understand where you are coming from in not supporting band aid approaches. That is fair.
We do have to learn from our past mistakes (or inactions) if we hope to improve going forward. Nobody likes to hear "I told you so" but if that's what's needed to learn the lession then it has to be said and pointed out.
I'm also not saying I don't support the idea of the SBD Potato. I was happy to see this post on the topic - I upvoted and resteemed it too - but lets acknowledge what it really is. It's a band-aid solution that does not address the core issue that has brought us to this situation. Band-aid solutions don't solve anything in the long run.
Absolutely agree re. band aid.
I also agree it’s a band-aid @smooth, it’s what we have atm and is better than nothing. It can be a precursor to a longer-term solution.
Hi @buggedout
What do you think about sbdpotato now? 3 months later? I'm just learning about this project and I would like to hear your opinion.
Cheers, Piotr
I haven't been following it closely. Been meaning to do some analysis on it but haven't got around to it yet. I still support the idea of fixing the peg.
Hi again @buggedout
Can I ask you for little favour? I joined contest called "Community of the week" with project I manage and I would be grateful if you could RESTEEM it and help me get some exposure and drop some encouraging comment :)
Link to my post: on steemit or on steempeak
Thanks :)
Yours, Piotr
HEX BITCOIN SNAPSHOT ON DECEMBER 2 AT 00:00:00 UTC
Claim for free!! If you have Bitcoin!
Or buy Ethereum to transform it into HEX!
Stake HEX early, long and large, and watch it multiply!
HEX IS THE FUTURE OF FINANCE, STAKE YOUR CLAIM!
You click someone's referral link to get a 10% bonus!! https://shorturl.to/0ON
You claim 1 Bitcoin worth of HEX during on the first day.
You receive 10,000 HEX
The person who referred you gets 13,200 * 20% = 2,640 HEX
You stake for 365 days
This gives you 20% extra StakeShares
Referrer gets a 20% bonus minted
Stakers get all the unclaimed HEX.
Spam is discouraged by the community, including comment spam.
More Information: The Art of Commenting Comment Classifications
Hello @smooth any chance at a small prize sponsorship for #SPUD ? Thanks and take care.
Posted using Partiko iOS