I also think it is pointless experiment right now.
It was a good idea to do it before BTS X launch, just to test the DPOS. Maybe drop not only on Litecoin, but probably on the top 20 + BTC(with some scaling down).
I disagree. As with many in this community, you seem to be caught up in the "how does it make bitshares more awesome or make me more money" thought process. I'm considering the notion of transfer of incumbency value from one chain to another. If there will be a heterogeneous ecosystem of chains floating around in the cloud, then it seems like a good idea to understand how value can be transferred as an aggregate unit from one chain to another.
Litecoin is an ideal candidate because there is significant incumbency value, a healthy community and rather poor maintenance of the code of the project. Data collected from a whole chain value transfer would prove invaluable in strategizing how to do so with bitcoin itself.
Go ahead and sharedrop, watch the result. Who will make the most money? The people who know how to actually use Bitshares X already and the delegates. Not enough time has gone by to educate people on what Bitshares X technology is or how to use it and we want to discuss sharedropping it to the community least up to date on DPoS?
As far as strategy I think sharedropping could make sense but only if it's going to be maintained by developers. Are you going to maintain the chain if Charlie Lee shuns it? And do you have the credibility in the Litecoin community?
The politics is what you're missing in your equations. I discussed these exact ideas for Blackshares and approached the Blackcoin community leaders. They told me they'd get back to me and then launched PoS 2.0.
So if they don't want it should we give it to them anyway? As for 50/50 the math is as simple as you cannot get more fair than to split something 50/50. Let the market determine how the ownership ultimately shakes out but start out as equals.
I don't think incumbency has any value but that is just my personal opinion. I think we should promote innovate or die in the market.
What benefit does sharedropping LTC add that launching bitLTC couldn't?
If the Litecoin chain offered enough innovation (meaning totally different BitAssets, new functionality, new ideas), if it had developer support, then maybe I could get behind it.
The ultimate key is whatever our communities do we must push innovation forward. Innovation is what we can offer to the world and in order to compete on innovation we would need to sharedrop to a community of innovative developers. Litecoin devs just don't seem to be in that mindset so thats why I'm so against it.
Not against sharedrops or forks in general, just against it when it doesn't promote innovation for the world.