| 19 Nov 2020 |
 Shawn Tabrizi (Telegram) | i dont see that they would necessarily need more powers here, but this is just gut feeling | 20:47:17 |
| Shawn Tabrizi (Telegram) | > have many incentives to participate in governance.
right, but then their power would come from voting? | 20:47:35 |
 Group (Telegram) | Yeah I think you're right on that point. | 20:47:47 |
|  Tahsin Yilmaz (Telegram) joined the room. | 20:48:06 |
| Shawn Tabrizi (Telegram) | miner rewards shoudl simply be isolated to funding the miner for the money they spent | 20:48:11 |
| Group (Telegram) | I do think we need some more comprehensive theories or frameworks for this discussions. Right now we're just wandering around with different opinions. | 20:48:18 |
| Shawn Tabrizi (Telegram) | to mine | 20:48:18 |
| Shawn Tabrizi (Telegram) | +1 to that, i think starting with our intention, how we imagine the balance between: miners, token holders, and developers | 20:48:48 |
| Shawn Tabrizi (Telegram) | and then expirimenting like you have been | 20:48:56 |
 Ronald (Telegram) | In reply to Shawn Tabrizi (Telegram)
miner rewards shoudl simply be isolated to funding the miner for the money they spent That's also why 10klp is probably too low. | 20:49:00 |
| Shawn Tabrizi (Telegram) | but then having criteria to evaluate whether we achieve those intentions | 20:49:08 |
| Group (Telegram) | In reply to Shawn Tabrizi (Telegram)
+1 to that, i think starting with our intention, how we imagine the balance between: miners, token holders, and developers Yeah agreed. | 20:49:14 |
| Shawn Tabrizi (Telegram) | and as scientists, we learn, we modify, we change, we repeat | 20:49:22 |
|  Sohilo $ksm$link$stake (Telegram) joined the room. | 20:49:26 |
| Shawn Tabrizi (Telegram) | unfortunatley this puts a lot of burden on you Wei, as your voice seems to be the only one who can establish such vision for Kulupu at the moment | 20:50:07 |
| Shawn Tabrizi (Telegram) | and I think you should be quite firm on your intentions, isolated from the echo chamber and other opinions | 20:50:25 |
| Group (Telegram) | In reply to Ronald (Telegram)
That's also why 10klp is probably too low. Depends on how you view it, honestly. If we're an "old-schooled" no-premine PoW blockchain then it's definitely too low. But they are not necessarily of good economics theory -- right now our annual inflation is 50% and we're already traded on exchanges. | 20:50:40 |
| Shawn Tabrizi (Telegram) | at some point, the network can transition to having more public opinions guiding it, and with the ease of runtime upgrades, those visions can change in the future | 20:51:00 |
| Shawn Tabrizi (Telegram) | but you should be steadfast in achieving some goal you want in the short term | 20:51:12 |
| Shawn Tabrizi (Telegram) | imo | 20:51:12 |
| Group (Telegram) | FYI, 10 KLP will set the second year inflation to ~17%. | 20:51:14 |
|  Stephen Taylor (Telegram) joined the room. | 20:51:59 |
| Group (Telegram) | In reply to Shawn Tabrizi (Telegram)
and I think you should be quite firm on your intentions, isolated from the echo chamber and other opinions Yeah I agree. I think this is the primary thing that I didn't do well in the past. | 20:52:00 |
| Ronald (Telegram) | In reply to Group (Telegram)
Depends on how you view it, honestly. If we're an "old-schooled" no-premine PoW blockchain then it's definitely too low. But they are not necessarily of good economics theory -- right now our annual inflation is 50% and we're already traded on exchanges. It all depends what the difficulty will do. And maybe bigger farms will leave when it's only 10klp a block... So the smaller miners have more chance | 20:52:18 |
| Shawn Tabrizi (Telegram) | there is nothing but the future ahead though. tell me how I can help you, but not in telegram | 20:52:40 |
| Shawn Tabrizi (Telegram) | jesus i hate this chat | 20:52:44 |
| Shawn Tabrizi (Telegram) | *chat platform | 20:52:48 |
| Shawn Tabrizi (Telegram) | 🙂 | 20:52:49 |
|  sorpaas#5636 joined the room. | 20:53:01 |
| sorpaas#5636 | It's bridged to Discord and Matrix! 🙂 | 20:53:01 |
