Lack of development leaves no reason for investors to buy BTS

[tonyniu352]

Since BM left, the development of BTS is mainly undertaken by some workers. These workers are very important to BTS, and the active gratitude towards work of these workers is very appreciated by us. But on the other hand, these workers have already paid a considerable amount of money, The BTS reserve pool is used to pay workers. Now, the current situation is that, although the volume and activity on the BTS chain is not bad, but the BTS market value ranking is from the highest fourth place to the lower 50th in the past few years, and BTS technology is no longer so attractive compared with other competitors. While BTS is no longer a hot cryptocurrency and BTS investors are not getting any returns, BTS worker is certainly a much hotter business than before. The expenditure of the BTS system exceeds most of the other cryptocurrency, the BTS workers have been paid nearly 27 million CNY (4 million USD)this year (THANK for refound400k). A Nobel Prize is only about 6 million CNY, and 4 Nobel prizes can be awarded with the expenses of BTS in this years. Development needs to be paid, translation needs to be paid, marketing needs to be paid, meetings need to be paid, papers need to be paid, documents need to be paid, and these expenses are more and more. So the expenses budget must be controlled and adjusted. BTS workers are actually a business now, but lack of management of workers, such as the same work needs to introduce multiple workers to compete, workload evaluation and project acceptance etc. Therefore, it is suggested that, until the management of relevant workers is improved, other workers will be deactivated for a period of time except for necessary worker such as network maintenance, core bug fixing, which will be funded. There may be some BTS holders who are worried about the negative impact on the BTS system introduced by suspending some workers. In fact, lots of the open source softwares on github are developed free by developers, and these softwares are also very successful. Even if BTS spending is reduced, we also believe that developers who love BTS will be willing to join the development. However, The wages of all workers are actually paid by all BTS holders, therefore BTS holders have right to vote on Refund workers to return the pay of other workers to the reserve pool, and introduce a threshold how much votes a worker needs to be active.

[binggo]

I don't think so, the investor don't buy not because of lack of development, but these development didn't give what they want.
We have fund almost 20M bitcny to the development in this year, now we need to check the result of these development.

If no pay no development, BTC shouldn't survive.

Every business want build on the bts, should have their own nodes to serve their customer, we only provide the basic and what we can afford service.

[Crypto Kong]

Since refund worker has been voted in and funding ceased to development projects investors see no reason to purchase BTS. This will only get worse when software we offer becomes unusable when nodes go offline thanks to infrastructure worker receiving no funds.

So far I see no benefit of refund workers as BTS continues to be out performed by other cryptocurrencies. You need only look on the dex at open.eos-bts. open.xrp-bts & open.eth-bts to see that BTS has been outperformed by 20-30% since September. BTS has also dropped down to 67th place on coinmarketcap.

Refund workers have so far provided no benefit to BTS price and continue to make BitShares lag our competitors on the development front in a highly competitive and fast moving industry.