Can you explain why most of your concerns were alleviated? This proposal is a major departure from the original plan. I liked the idea of an ecosystem. One where you could weight your investments based on the core purpose of each DAC and it's other features and merits.
With a single chain that's lost. Now if you see value in the vote feature (or whatever) you have to pony up for all the other features of the DAC as well.
I'm also not a fan of dilution, I don't believe there will be a way to accurately and conclusively determine the added value it will bring and the decision to dilute will most likely come from emotional campaigns or suggestion from I3.
Add that this is essentially a huge statement from I3 that their stated goals mean little and are subject to massive changed at whim, not usually a good signal to woo future potential investors.
I listened to the recording and it essentially sounds like BM wants to change his mind on how the ecosystem will be built because of backlash from BTSX holders due to poorly planned communications by BM that had them speculating that the Vote DAC was going to eat their lunch.
Can you describe exactly what it was that he said that assuaged your concerns about this radical change? It sounds like you also liked the idea of multiple competing chains, is that now not the case? I only ask because I didn't hear anything that changed my mind about what I like.
Oh don't get me wrong I still don't agree with the single blockchain concept and the proposal is not the way I like things to go. But I also understand the practical implications that if adoption fails and a certain threshold of adoptions is not reached this entire project will be dead in the water. So like you said, I'm not in favor of the single blockchain at all. What alleviated my concern was, that I realized that should the bitshares-project gain enough adoption and because of the opensource toolkit. It will allow for forks and spinoffs and help convince others to try and follow the same concepts and pos. The proposal is more for these separate chains to not be the sole responsibility of the bitshares team. Which is a good thing in my book, eventhough investors/speculators/stake holders might feel otherwise. Like I said, I'm an idealist, so I don't really give all that much about my stake as long as the world improves, I'm all for it.
I also realized during the session that a colossal structure would probably not be able to compete with specialized and more agile spinoffs. Also the promise by the bitshares team to support people honoring the stake in the social contract, would probably be enough for new DACs to get a better start in the future. So now I see a possibility for more independence from the bitshares team with these separate dacs, which might not be what stake holders want to hear.
So I agree looking for the easy way out is bad and communication is not being done well, I'm now seeing other ways of distributed developments more independent from bytemaster and the tiny bitshares team. I would have loved them being able to setup this entire ecosystem with competition and all, but with their current resources, funds and team-members I can see how they are not able to do that currently.
Feel free to correct my mistaken logic when you see it, I may very well be confused, I've not been sleeping well and my mind could very well have started playing tricks on me. The hangout happened in the middle of the night for me and I was already exhausted when it started. I finished the uploads and posted the links at 3:30am means my brain is not firing on all cylinders today and caffeine is no longer up to the task.
Gotta run, sorry if I'm not making sense, I'm typing this as fast as I can and I'm not a native english speaker.