We got to remember, that while we may complain about this and that about how some things actually are at the moment, the potential has nothing but increased.
And the potential has been the thing that has gotten so many of us investing. Now more people are going to find out that potential.
But what if nodes only ever become 1/4 full and not the expected 1/2 full (32GB). Then its just wasting space and better to have extra nodes than unnecessary wasted disk
I didn’t start any servers for myself because I was hoping that the hordes of newbies could organically grow the network and get excited with the immediate earnings.
we have a 14M marketcap on coinmarketcap
we have a 124M marketcap on coingecko
There is also a different logo present on coinmarketcap compared to the red type that is shown on coingecko and dexscreener/website. I’d say use the red one for coinmarketcap as well
That is an equilibrium where there are millions of unnecessary nodes that exist only to capture random rewards being paid out from the team’s holdings, and where a large portion of those rewards have been captured by a small number of people with significant resources. Probably not ideal.
While it’s had it’s beneficial outcomes as David has said, there’s no doubt it’s at least a questionable use of resources. There may be technical reasons it’s good to test massive empty node numbers, but there are also economic realities to consider & balance.
It would be great to hear the teams thoughts on it.
I think there are legitimate reasons to question the benefits of the rewards, but I agree that there has been an emotional response, likely based on token price. If price were pumping despite the same network situation, I think many comments would have been different.