Replies - Activity - j.v.ii - Algorand
GP8 Measures DRAFT DeFi Rewards Allocation Q4
My view is that as a community we’re not getting very much out of the Governance rewards program. Current programming squanders both time and financial resources (42 million ALGO each quarter). Allocating a significant amount of ALGO purely dedicated toward answering a handful of questions every quarter is…
Governance Period 6 Draft Measures - Community Check In
Appreciate the feedback. In my opinion, I go back to the notion that blockchain in general feels like its Microsoft in search of Windows 95. It's just so early. There are too many barriers to drive mass adoption; the technology is clunky, you need to remember a passcode, store it, etc.
Thank you for the response. My view (and I think the view of a lot in the community) is that when it came to maybe the most critical issue in Gov 5 - offering no change to rewards - this option was voiced loudly, and the foundation refused to put it up for a vote. The most important decision…
Serious question: why seek the community’s feedback? We did this last quarter, and there were consensus views from the community that were not implemented before the vote. My two cents is: why get into the business of bailing out anyone? Why not just let the market forces work? There’s plenty…
I’ve always thought of Algorand as a gateway to real-world utility and a bridge from TradFi. Providing guardrails for the banking system, corporate Internet of Things database, etc. I knew going in that it was a long-term build-out for that type of adoption, and the Inc. can’t really share which groups the…
The tone of these measures comes across as not well thought through/sloppy, which can easily be interpreted as hiding information at a high-risk moment for the industry.