RE: EOS New York: RAM Transparency Policy on Purchases & Sales
I appreciate the stepping up to even talk about this however, it draws a lot of questions in my mind:
if BP's essentially control the supply, thus controlling price as demand rises (or falls), wouldn't it be immoral for BP's to even be allowed to sell (to make profit) ram? In my mind it's self-dealing in a sense. I would go out and venture to say that it might be even immoral to allow BP's to have side projects that require the use of ram. How far do we let BP's participate in the ecosystem? Meaning, maybe they should only allowed to produce blocks. Isn't that business enough? And important to maintain it's virginity as to not soil (self-deal) aspects of the community, such as ram? I'm a token holder, and in it for the long haul. And the above, at least in mind as it stands now, is a real potential criticism that should be nipped in the butt now, before those who are not pro-EOS start to figure this out and see how its an ask for corruption.
We're committed to the success of the EOS blockchain. We have publicly stated that we would prioritize the use of our block rewards in various ways in order to reinvest back into the EOS ecosystem. One of those ways is to advise, fund, or incubate dApps. This could include staking the tokens required to power their dApp. In that case we will purchase RAM and give ample notice of exactly how much and when.
Good start.
Can we get a 12 char name marketplace please? Something we can use to safely swap account names in escrow?
well, it looks like my projections came true unfortunately. greedy BPs should be voted out for the benefit of the community going forward. that one guy from eos canda needs to simmer down too. way too loud for my, and im sure the rest of community's, liking.
stay away for ram trading if you want to stay a bp in the long run