I am curious about this. I think we can assume the dev team owns MUCH more than 60,000 SDC. Is there a reason why they have not converted more to Shadow themselves? Perhaps they feel like staking SDC to protect the network is more important than converting right now?
Can someone shed some more light on this? Thanks!
I'm not part of the development team, but I know the reason why I haven't converted more Shadow for myself: lack of commerce opportunities. I assume this is the case for many holders. It's great seeing the amount of Shadow available grow but I'm assuming until the marketplace is ready, places like shapeshift.io accept it and shop owners accept it the amount will stay low compared with SDC.
The majority of transactions are either OTC trades or transfers between exchanges and traders atm (my guess).
Spot on. Until the decentralized marketplace in the wallet gets added I will keep my SDC as SDC but as soon as that switch happens, I will swap it all.
No, no, no!
Do we understand the concept of a bittorent share ratio?
Do we stop seeding a torrent if we are the last seed?
Do we upload content to the bittorrent network?
Do you expect something for nothing?
Besides donating to the code review the ONLY thing you need to do to show your commitment to this project is DESTROY SDC and create SHADOW. Is that asking too much?
As a community we should demonstrate our conviction that Anonymity is something worth fighting for.
IMHO If members of this community don't destroy 10% of their SDC to create Shadow they SUCK. Unless your intention is to sell all your SDC asap then gtfo of this community and sell your coins to somebody who actually appreciates this tech and cares about the human race.
There is NO GOOD REASON not to start destroying SDC.
Moreover you completely miss the point. Having lots of Shadow helps with Shadow>SDC tx's as much as Shadow>Shadow.
Destroy 10% of your SDC or (IMO) you suck and have no place in this community
Now erok and LiteBit I know to be good men. Please reply to this message by telling me you have destroyed some of your SDC.
Gauntlet thrown gentlemen. Prove yourselves.
p.s. the only reason we have 60k shadow is because of me, the DEV team and a couple other players.