That’s an amazing piece! I thoroughly read every bit of it! Atomic swaps, and a hybrid decentralized ecosystem is pretty much release ready this summer. You have a brilliant mind, your right about the premine. It’s to be used as a tool in promoting upward trends for SKL. Pretty soon everyone will love what we are doing. Our demand starts in key retailers throughout all of Asia, I have smart tactics. We won’t release the details of the incentivized adoption program. But, SKL is next.
By far the most novel thing any new crypto could bring is a real plan for adoption, not just by investors or miners or speculators, but by retailers and consumers. All the bells and whistles should be secondary to that, and narrowly tailored to those things that aid retailer/consumer demand. To date, there isn't one real retail coin, and while investors tend to yawn at new coins being 'just' for purchases, it's still basically an untapped market. Most cryptos have centralized tech upgrades but leave adoption to their users to somehow generate. A centralized (usually a dirty word here, but there are times where it's handy, lots of coins have foundations to do this, even though most have insufficient resources/planning to do it effectively) organization to promote adoption that's actually capable of incentivizing adoption in the target audience would be priceless, and that's what has drawn me to Shekel.
You've been somewhat tight lipped about exactly what you're doing on retail adoption and who/how many retailers are biting, but at the same time, there's only one way that you'd be getting the rate of adoption you've alluded to among retail partners you've approached, that's why the premine percentage doesn't bother me and why I'm looking forward to shekel announcements in the future. Premines aren't justifiable in a lot of cases where someone just forks some code and hopes to reap a bounty on speculation, but if you actually use the premine to create value, any of it that shekel labs keeps will be very well earned and any premine spent on adoption is worth its weight in gold.
I do think atomic swaps could be incredibly useful in creating different types of accounts on different chains and moving between them. Imagine sklg was more of an investment account, not really for daily purchases of groceries and gasoline. If you could easily move money you'd been paid in shekel to sklg in your own wallet without a 3rd party, that'd be grand. Using Lightning network to do those atomic swaps would also give you a built in scaling solution as well should shekel face the kind of congestion that hurt bitcoin's retail ambitions so much.
I think it'd be nice for the investment account if your wallet made it very easy to use multisig for security, so you could store more money in investment with less concern of it being stolen. But it's one thing to support multisig, it's another thing for it to be super easily usable and comprehensible to an average, non-crypto-initiated consumer. Having to authorize a move on multiple devices (two different smartphones or one phone one laptop/hardware wallet etc) from your savings shekel to your spending shekel would make it much harder for malware or hackers to quickly steal large stashes of shekel. Cold storage is safest, but it's not very user friendly.
Finally, if shekel retail partners were hodlers, you could offer them the ability to draw interest through Proof of Stake/hybrid POS and simultaneously diversify how you secure the blockchain and how you keep it moving steadily. Hybrid Proof of Stake can offer more than just security, it can be an incentive for your retail partners to not only hodl, but evangelize to their consumers as they see their hodlings increase even when the market is flat. Good luck!
