Thanks for the detailed writeup!
Having read the whole doc and also the initial reaction here I can totally understand “both” sides. As a long-term supporter I’m equally disappointed hearing about an ERC-20 approach, but on the other side welcome the pragmatic approach here, prioritising the storage network launch.
Some initial questions / thoughts:
- Taking more time for the Native Token is the only realistic choice IMO. When I first heard about the DAG approach I was (and still am) very sceptical. It just reminds me about all these DAG projects like IOTA which to day never managed to actually launch (in a decentralized way). If Autonomy can pull it off - great - but this definitely needs time.
- ERC-20 is not great TBH - I understand the temptation to use a “proven” system with a bigger ecosystem but as others here already mentioned, it has very big drawdowns. Batching won’t help you with high fees during high demand phases, that’s a proven fact. Why not at least take some time to take a more innovative appraoch here and e.g. use Taproot assets: Taproot Assets | Builder's Guide This would allow for near instant, low fee token exchanges. I really hope this get’s considered by the team.
- On a totally different note: The rollout doc mentions the launch of the “Official Network Token”. Will this mark the successful launch aligned with the MAIDSAFECOIN LOAN SCHEME? It’s a topic which hasn’t been adressed so far so a clarification would be appreciated @Bux
Anyways, whishing the team good luck on the launch and preparations ahead!