WOW.
I haven't been available much in the past two weeks (work), and am trying to grasp the events and what is going on. Just finished reading dozens of pages here, articles, some of the XC dev posts, charts....
WOW... where do I start
1.
XC - may the force be with them as well. We are not enemies of anyone. I hope they come up with good ideas and progress that we can implement as well, just as they use darkcoin's x11.
2.
DRK rich list - the 2 largest addresses hold >15%... that's over 700k coins. I find it very disturbing not bcs of possible dump, but bcs of wealth distribution.
3. masternodes 20% payments - i am not comfortable with this. my argument in a nutshell is that "again" (imho) we are "taking care" of the rich. I say again bcs:
a. instamine - I know it was a mistake, and i know anyone could have bought EXTREMELY cheap... but as an advocate of the general public i'd say that it substantially favorable to those who mined in the first 24h.
b. reduced No. of coins - 2 months ago, we made decision to cut coin supply from 84m to `1/3.as an advocate of the general public, i'd say it was favorable to those already holding the coin.
c. now masternode payments increase from 10% to 20% - yes, I understand the incentive and the will to have a more secured network... but... an advocate of the general public, i'd say it is favorable to those already holding a considerable chunk of the coin(>1000).
NOTE - if however, a 20% payment (or whatever number) started TOGETHER with ability of small bagholders to pool together their addresses and split the reward between them - I'D BE SINGING PRAISES ALL NIGHT bcs i believe that the distribution of wealth is among the long-term most important aspects for success.
4. X11 ASIC - I would love to hear some knowledgeable answer weather there is already ASIC for x11 or not, if it is FPGA, or something else. I've came across some posts in xc thread about their hash rate fluctuations and this was the answer they gave (i didn't read all so maybe it was answered differently).
5. Rome wasn't built in a day, but we/the community/investors expected Evan to be superhuman and build everything in weeks. masternodes, payments, anonymity, new website, logo, media attention, etc..etc.. things were not tested well enough bcs we roughed Evan to deliver, and i'm sure the last few days were traumatic to him. Let that be a lesson to us all.
My 2cents