talks of forking this are completely ridiculous. I have been one of tony's harshest critics since the start but that kind of talk is just a bit crazy and also very ungrateful. As if there are even more than a handful of developers that can attempt to fill tonych's shoes? where will you magically get another tony ch to take over or fix if future issues arise. Let's keep up pressure to get Tony to listen more to the community but let's remain slightly sensible here. Talks of take over dev teams and such are fantasy.
Tony's main problem is he is a genius coder and designer but is also probably an idealist like a lot of super smart people who don;t really give a shit about profits and money. Think about it people this smart are generally very wealthy already.
Now we just need to make Tony understand that this entire game is right now governed by speculation and the real truth is 99% of people are here to get rich. Sure a few will come and say we dont care about profits we are idealists and believers too. These people are talking bullshit. Whilst tonyCH seeks adoption but where is iota's adoption, where is xrbs adoption.... adoption at this point in crypto is not that important. Appealing to investors and speculators is important right now. Once you get them on board and a huge CAP is there you will get 100X more attention anyway and if the tech backs up the hype your adoption will naturally come next without begging or paying people to adopt it.
I said at the start willingly letting other ico managers take the lions share of tokens was quite crazy. Tony didn't seem to think it mattered for some reason or other.
Tony then realised giving it out over and over again to btc owners was a bad idea so gradually shut them out.
Tony did NOT realise that a LOT of people invested in byteball on the basis not only of it being great tech but also because of the full moon drops. Cancelling those was a terrible mistake since it then destroyed the trust of many investors.
I do have faith that byteball will be a top 10 project even now. However this mess with the distribution needs to end and end fast.
If a burn is not possible I think a huge air drop to all byteball holders (excluding wallets known to be ico managers and exchanges) by huge I mean 30% in one big airdrop. Tony keeps 10% to do what he likes with and we move on from here.
Also a more distributed network needs to be worked out asap.
Then let us as a community move on from worrying about the distribution and get on with pushing forward to get byteball out there.
The problem with tony also is that he thinks he can just ignore the posts he does not feel like discussing and just cherry pick posts to reply to. This again looks bad. You need to be consistent and install trust. Many super smart people are very dynamic and it can appear they are super changeable and unreliable when really they are just adjusting to what they think best in the current situation. However if you want to make these changes you need really to discuss and convince the community or at least some of them. People here are very use to being part of a decentralised community driven decision process. It seems strange to have huge changes thrust on to them with no discussion and then when they complain no answer or even recognition of their concerns.
You have to remember though with this project a LOT of the huge whales have no interest in seeing byteball beat their own projects so since they have such control of the price because they got gifted such huge amounts of the minting that they can beat us down at will. It will take many cycles to take away their power.
Byteball is still way undervalued i think but the question is how to get it to fair value. For a start we need to bring more serious investors for long term holds. I think fully distributing and getting a more decentralised network will be a good start.
This thread is mostly full of arguing about the distribution and the unit size. We need this thread full of positive discussion about how to push byteball forward and demonstrate how good it is next to other projects.
TonyCH is a great designer and coder but just needs to spend a bit more time listening to the community and to give a few more reasons for his decisions and make the entire thing feel more of a community effort (although really he is the project)
I feel we are all being a bit harsh on him but it is frustration at these last min changes that are making us seem ungrateful for this great piece of work.
I think tony does what he really thinks is best for the project but I think sometimes he is wrong and sometimes he needs to discuss these changes with the community and explain he reasons fully. I mean after all if he is way smarter than most of us (which is highly likely) maybe we are the ones not fully comprehending the benefits of such changes. All the same we need to be made to understand so we all have more faith in the project going forward. Install more faith and trust and you will install a lof of long term holders that will suck up supply and hold it. That is exactly what you want whilst you work on driving demand too.
Excellent post Cryptohunter - a great read,
I love ByteBall and greatly admire what Tonych has achieved, and will remain a promoter and participant for a long time to come (I fell in love a few months ago and I still have hope)
But there is no question that this matter could have been handled with much more sophistication and sensitivity, as could many before.
Given the Cryptopia Situation, IMO, the Airdrop should have at minimum been postponed, but Airdrops also have the potential to be a pretty decent marketing tool and they are kind of "ByteBall thing". There's no law that says it had to be so large. It could have been reduced in size to 1 or 2% to reduce market impact, and continued for it's Buzz factor on a periodic basis for a long time to come - leaving plenty of Bytes left to distribute and use in other ways.
It also would have been very easy with a little compromise to keep everyone in the community happy with "one last drop" - even of a reduced size.
We really need everyone pulling together, building our community if BB is to succeed - not constantly fighting among ourselves over things we have absolutely no say or control over.
Did "management" not realize how divisive such a blunt announcement like this would be? Where was Eli on this?
What's it going to take to get Tonych to understand how important a
Strong & Vibrant Community is to the ultimate success of Byteball?
It cannot succeed without community - no matter how good the technology. The community needs to feel that they are a part of the process.
And to realize that it's unlikely much institutional money will flow into ByteBall as long as it remains a "one man show" with no Roadmap, no Governance Structure looking out for the long term interests of Byte holders, and no long term Platform Maintenance or Marketing Infrastructure to support it in the years and hopefully decades to come. (Heavens forbid, but what happens if Tonych gets hit by a bus?)
Some of these things are not easy to say, but I think it's essential for our investment & the ByteBall Platform that someone does.
At some point, Tonych has to release his child into the universe to fend for itself - along with the means to do so.
Perhaps Tonych would also be a lot happier if he were to step back from things he doesn't like so much to concentrate on what he loves
- which is obviously coding. It must be an awful lot of pressure to have responsibility for "everything".
With a little luck this is the wake up call that Tonych needs.
Good luck and wisdom to us all.