@Stan
sorry, but did you read your own or bytemasters writings?
Quote from: bytemaster on October 19, 2014, 03:03:59 AM
There are many problems we need to resolve as a community:
1) We don't want to compete with ourselves and divide our network effect.
-->this is the reason why we now do it and not before the original holders had shares in DNS, VOTE etc.
-->i always considered the merger a bad move you can look in the old posts of me, because i invested in AGS because i know i
will get a share of many projects. The merger erased this.
2) We don't want to confuse users with a million brands.
-->great same as above
3) We want to have 1 BitUSD for everything rather than many different BitUSDs
-->great 1 pegged USD is in BTS, but a "better version" is in Steem
4) We need to recognize those who have helped fund development after Feb 28th so they don't compete with us.
-->they will not compete anymore
5) I don't want to have divided loyalties... I cannot serve two masters.
-->this is the reason why bytemaster shouldn't forced anyone into this.
6) We need to provide for long term funding and growth.
--> good luck with steem
7) We need to resolve the consensus problem once and for all.
-->it is solved, because most of the VESTED balances are secured from trusted people
Yes, I did enjoy reading that thinking then and how it has evolved today after 18 months of lessons learned.
Steem is the embodiment of those lessons. BitShares is stabilized because others need to rely on its stability now, so major new innovations need to be pursued elsewhere.
AGSers like myself at least got something. Without the merger they truly would have had nothing since there were not enough funds to finish more than one MVP. ... but history isn't over yet.
We now have a sweet approach to side chains that we didn't have at the time of the merger allowing simpler chains to enjoy the benefits of a common ecosystem.
It is easy to second guess now, but at the time there were only two unpleasant paths into Mordor and one was cut off by the Bitcoin market avalanche...
SARUMAN: So Gandalf, you try to lead them over Caradhras.
And if that fails, where then will you go ? The Fellowship struggle around the side of the mountain, through deep snow, strong winds and heavy snowfall
SARUMAN VOICEOVER:
If the mountain defeats you will you risk a more dangerous road?
As the Fellowship struggle on, the hobbits being carried by Aragorn and Boromir who are thigh deep in the snow, Legolas lightly walks across the snow past them to the head of the line. He listens as he hears echos on the wind
A mighty crack is heard overhead, and great chunks of rock fall down from the mountain top, narrowly missing them
ARAGORN: He's trying to bring down the mountain! Gandalf! We must turn back!
GANDALF: No! (he steps out to the edge of the path) Sleep, Caradhras, be still, lie still, hold your wrath!
SARUMAN: (standing on top of Isengard drowns him out) Wake up cruel Redhorn! May your bloodstained horn fall upon enemy heads!
A great streak of lightning hits the top of the mountain above the Fellowship and an avalanche of snow rains down on top of them, burying them underneath it. Moments later Legolas emerges from the snow. He looks around to see the others emerge
BOROMIR: We must get off the mountain! Make for the Gap of Rohan and take the west road to my city!
ARAGORN: The Gap of Rohan takes us too close to Isengard!
GIMLI:
If we cannot pass over the mountain, let us go under it! Let us go through the Merger of Moria
Gandalf pauses thinking
SARUMAN VOICEOVER: Moria... you fear to go into those mines.
SARUMAN: (in Isengard flicking through a book, stops at a page showing Moria Gate) the dwarves delved too greadily and too deep
SARUMAN VOICEOVER: (as Gandalf hears him knowingly) You know what they woke in the dark of Khazad...
SARUMAN: (turning over another page to show a firey balrog) Shadow, flame
GANDALF:
Let the Ringbearer decide Frodo looks confused and turns to Sam
BOROMIR: We cannot stay here! (Merry and Pippin look frozen and scared next to him) This will be the death of the hobbits!
GANDALF: Frodo ?
FRODO: (hesitating)
We will go through the Merger... GANDALF: So be it