Nah, you can just see what is possible if you can change the maximum amount of coins. The above has only 49~ ,below over 1 Million
For all I've read, a good chunk of the 1 Million is from the founders, as they pay their employees with it.
Anyone with half a brain could perform some due diligence and see supply was increased due to a merger.
Guess I'm lacking the brain to see how that makes a difference. Would it be all fine if Bitcoin just adds some cap and hands them to people for their Litecoin?
I'm surprised how little people bother about the original spirit of crypto currencies. The trust in unalterable supply was supposed to be the one core advantage vs. fiat. Now they just call it dilution instead of inflation and change it every couple months. But it's fine, as long as the price goes up.
The Bit-asset market is completely at the hand of the founders - they can (an did) just stop it and update the the functionality whenever they feel like it. It's just a corporation as they (and Ripple) say.
It think it will hurt the whole ecosystem. If there are no ideals of crypto then why should average people start to care?
The founders, who are all highly respected and speak at many conferences, can not exactly just "change" the system at will. You speak of ideals yet the BitShares folks have been some of the most honest, open, and up front people in this crypto space! The system is run by delegates thus just like mining they would have to upgrade to the version with differences. Check out the summary again at
http://bitshares.org/bitshares-reloaded/ and it will start to make sense why they went this merger route. You are right in that the market has been constantly upgraded by the dev's to improve functionality, increase liquidity, and decrease the possibility of abusive behavior.
Before the merger, dilution, inflation, whatever you want to call it there was wide spread community feed back which almost everyone agreed about the route to take. Not only do they have weekly mumble sessions any one can join and discuss with the dev's, they even had daily ones before the merger to make sure people were in agreement and understanding exactly what was to take place.
I would also suggest to anyone interested, browse their forum and feel free to ask questions! The dev's respond all the time, even to simple questions by users.
Lastly, one way to judge dev's is by looking at their GitHub. Poke around and you can see they are highly active since day one product launch.
https://github.com/BitShares/bitshares/releases https://github.com/BitShares/bitshares/issues
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