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General Discussion / Re: Bitshares versus Counterparty?
« on: March 13, 2014, 11:38:54 am »
3) proof-of-burn is idiotic
Sure not one of your best statements...
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3) proof-of-burn is idiotic
I agree with barwizi, this *is* a major problem because while you have no intention of doing anything with your stock of hundreds of thousands of PTS, it means anyone trying to use PTS as a cryptocurrency, it works worse than the majority of coins out there and the only reason is because Invictus sucked the value out of PTS without doing any sort of job explaining why someone would want it in the future.
Something like this for example https://bitsharestalk.org/index.php?topic=3363.0
You solve the miners-not-caring problem by making it likely they'll have a reason to care in the future. It would have been better if that had been articulated and incentivized before removing Bitshares from Protoshares but doing it now is better than doing it later.
Manage. Expectations. or hire a CEO who will.
Incidentally Daniel, are you the perm CEO at Invictus? I was under the impression when we spoke in December that you were moving to the CTO role and bringing in someone on the business side to take over as CEO/Frontman
Did that change?