resuscitating this thread for a sec.
Guy was listed as a blockchain advisor for Bancor-they raised $159 mil in 2 hr, congrats!
One controversy was that they had a hidden cap of 250 thou ethers, but summoned this cap by sending a tx which got stuck, so they overshot the mark quite a bit. While it is good for those extras who got in, but might be considered as an unnecessary dilution from a point if view of those who got in as intended (by 250 thou or about 2hr).
I am curious, Guy, who came up with an idea to use just 100 Gwei price for that pivotal tx?
It seems that it was almost designed to get stuck just a little
.
It wouldn't if Bancor would have given it more juice (200 or even 1000 Gwei-a 1000 would still cost less than $100 for that stopping tx. Mind you, i don't really care, but some people are talking harshly about this mishap.
Comments?