The main concern I have with this coin is that it doesn't seem "open" enough:
- It's based on some research (apparently extensive network testing) to determine the 40s block time - but no details were published. Where is the white paper? The whole crypto community should be allowed to benefit from this work, peer review it, criticise and give feedback.
- Similar to above, there was a comparison of hashing algorithms done and the conclusion was that scrypt was the safest. A publication of this work would be appreciated.
Come see what makes StableCoin the most well planned cryptocurrency out there.
We can't see this other than trusting your word for it.
helping to grow StableCoin by working behind the scenes to develop and deploy services that will ensure success
Wouldn't it be better to be active *in the scene* rather than "behind the scenes"? This is supposed to be an open source project.
RETHINKING CRYPTOCURRENCY FROM THE BOTTOM UP
This is really an over-the-top statement. Stablecoin is not a bottom-up rethink of cryptocurrency. It's a copy of the bitcoin design and source code, with minor modifications. To keep this project stable, lets be open and honest about things.
The combination of these things just gives me a feeling as if the coin is a bit too centrally-planned and governed rather than truely open and community based.
BTW I'm looking for a discussion here, not just trying to write bad things about it. I'm sharing my thoughts because I've been mining this coin and want to make sure it has a future.