don't buy
ELA Staking Should Be Heavily Weighted and Decentralized Before Mainnet Operations
I agree that transaction fees are not a significant concern. I believe that ELA should constitute a more substantial weight in staking pools, and this should not be replaceable by FIST tokens. Users should be compelled to purchase new ELA tokens rather than relying solely on our buyback program or other funds.
Additionally, I think we should avoid merge-mining or operating the chain until arbiters are sufficiently decentralized. Otherwise, this EF whitelist becomes meaningless due to centralization risks.
Furthermore, miners should receive substantial rewards for their efforts to secure the network. I harbor distrust towards anyone who fails to provide blockchain transaction proof for straightforward claims, such as the 450 BTC expenditure or the 1 million buyback, as such failures seem foolish and undermine transparency.
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AI Analysis
The core argument centers on the importance of blockchain decentralization and fair staking practices. The author advocates for a higher staking weight for ELA tokens, emphasizing that users should ac...
AI Recommendation
Based on this analysis, it’s advisable to increase the staking weight of ELA tokens significantly, ensuring that users are motivated to buy and stake new ELA rather than relying on indirect methods. T...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.