Brilliant move switching Just-Dice to CLAMs and bringing it back online dooglus. I only wish I'd realized you'd done it sooner so I could have tried to invest in some of the bankroll at an earlier point in time.
I know CLAMs is a decentralized currency, however, in a way it is sort of hanging in the fate of Just-Dice, in my opinion. If for some reason JD was ever shut down and could no longer operate on CLAMs, I think this would deal a heavy blow to the currency. I would think some merchant support starting early and growing could balance out any negative effects in the future if for some reason JD went down. Which, I don't see any reason this would happen, just thinking ahead. Do any merchants accept CLAMs for payment?
It actually isn't decentralized at the moment.
Dooglus has way over 51% of the staking power and I believe it will continue to grow until about 90-95% unless someone makes a service that can compete with the daily returns.
I think Doog having the right to veto at this point is a good thing.
With PoS you kind of elect who you want to trust directly with your wealth & the person elected chooses it by accepting over 51% of the staking network... Kinda cool.
If CLAMS really wanted to be decentralized so that all this pressure was off Just-dice the service for Clamcoin... I think it would be wise to cap invest at JD and set up a simple code on the site that allows more CLAMS to be invested as the money supply grows. This would:
A: Decentralize CLAMS through force rather than hope. The first few cracks at it where in the hope of people divesting to do the "right" thing (leverage system.)
B: Takes the keys out of any one mans hand. Doog has already given plenty of keys back to people and I have faith he will continue.
C: Unnecessary pressure on Just-Dice.
D: Encourage people to get people to dig their CLAMS. More digs = more room to squeeze into Just-Dice invested.
E: Dooglus keeps his right to veto, but through consensus. If he needed the ban hammer Doog could just open up the deposit button.
F: Encourage chat trade. This may or may not be a good thing, but I always enjoyed the hustled and it would be funny to see the market determine what it was worth! "You got CLAM CLAMS or JD CLAMS? JD CLAMS trade 50% over spot."
I really don't think this would result as negatively as I thought once upon a time. After messing around with PoS a little on my own and what not I believe the average crypto user can handle it. I really do wish there was one exchange that was doing it "right" as far as holding customers coins.
This could also stimulate the development community because Just-Dice is a fucking whale and a half lol... It's orphaning blocks for the little guys and all types of shit. I'm all for big business... but I can also see the "being fair" part of the distribution side of it.