The tone of this thread is negative. I blame Newmine.
Lets fix that.
It has always been the case that the Bitshares core dev team needs to be able to make a salary, or development of BTS from them would cease. For a while we had AGS funding, though sadly Bitcoin declined and it didn't go as far as we would like. Then paid delegates were implemented to continue funding, but the BTS price crashed in the continued crypto bear market, so this is not enough, barring giving several delegates to each developer, which the community didn't like for centralization reasons.
Workers or the Bitshares 2.0 solution. Cryptonomex is the 'worker' of the core dev team. They are going to make proposals of future features to work on. The community is very likely going to elect them (I certainly plan to vote for them and encourage others to do so). This will continue funding the dev team. The cryptonomex team can also take consulting work from other groups to supplement their income and keep the group going, if the crypto funding market stays dry and BTS stays low.
The creation of Cryptonomex isn't some sceme to screw BTS holders over. Its the new worker entity that can be hired by BTS shareholders to build BTS.
Building BTS, the cryptocurrency, has been the dev team's goal all along. If they simply wanted to make a centralized corporation and own all the equity of it, they would have done that rather than create Protoshares and open up the ability for anyone to get stake in the project. The creation of Protoshares and subsequent evolution of it into Bitshares shows the developers commitment to creating a decentralized cryptocurrency.
It seems there is some lingering distrust of the dev team, from some people, ever since the merger. Everyone needs to understand that the dev team is committed to the project but with the caveat that they aren't going to work for free, they need to draw salaries to survive. This is perfectly fair, imo. At a couple percent inflation, the BTS community can support having a strong dev team. A great trade! Look at how Bitcoin has more inflation and gets nothing, while we buy a dev team working on the project, because DPoS is better than PoW!
We are going to keep supporting the dev team and they are going to keep working hard on BTS. I don't see a community rebellion against the developers happening, nor do I see the developers walking away from a community that still supports them, so we should expect things to continue on as they have been. Hopefully adoption will increase with the 2.0 release and the market cap will increase as well, making funding much easier. It was getting pretty scary there at .02 CNY, but fortunately big buyers stepped up and we are past that now, and the price chart looks very good at the present.
I promise to keep supporting BTS as long as Bytemaster is working on the project, and I'm pretty sure he plans to keep working on Bitshares as long as he is getting community support.
So lets all go buy some more BTS while its still in the .04s and below, and toast to the future of Bitshares, with community and developers working together! (And lets hope Newmine sells
)