If you are serious about rebooting the whole coin, why not, instead, hard fork it, giving yourselves a chunk of blocks or a foundation address?
Good point, is this doable?
Yes it is.
Or... one could make many addresses that pay for the developer and are hard-coded into the
source so that starting from a certain block height, they become spendable. So the premine
is spread over length of time, thus giving incentive for the devs to work hard and keep the
market value up.
And... in this case the devs could allocate some of the premine to those who have already
sold their NUD to the team, so nyaah nyah to you stingy tightwad whales.
But... in the open source world, if you have genuinely innovative code, you don't necessarily
have to pay for the development. Just be open and build it, they'll come.
On the other hand... if you're looking to making some profit from the code,
make sure you've got a solid business plan before the launch so you don't have to wake up after month
or so to the fact that "hey I'd better have some of these coins too!"
Our credibility barely survived through the last blockchain restart, we are not to subject everyone to inflation or else our monetary system would fall apart before it ever got a chance to start up.
We want to work in the same kind of professional environment most banks work in, without convicted pedophiles in the foundation, without endorsing scams/scammers for a couple of bucks and without waiting for months for the simplest features to get implemented by a team of volunteers that can be bought more easily than a hooker from down the street. You can probably tell that we aren't businessmen and aren't working to primarily establish a profit or make a couple of bucks, we already do that from our real jobs.
If we follow the same path our monetary system will be indistinguishable from the existing monetary systems by the time we reach their size. It will begin with confiscating NUD from someone most of the community sees as a bad person, by the time we would reach Visa proportions NUD will be confiscated left and right by tyrants without any evidence in the same manner. Since the network will be centralized development wise for at least a while all the poorly paid developers would have to comply to
(or at least collaborate with) the state, the multinational corporations and the banks which is clearly contrary to all our interests.
Business plans are non-existent in this context since this is not a business, the failure is mainly due to the assumption that most would be wise enough to look out for their best interests which was clearly an unreasonable assumption on my part.
