I think people think blockchain projects are going to play out like traditional startup companies where most eventually just take some kind of final blow and its all over. But we're dealing with technologies here, so I personally just don't see it playing out this way, especially for this project. We could fly under the radar for 5 years until a certain application becomes a catalyst for something mainstream. As long as the tech keeps improving and enabling new potentials I really don't see why it wouldn't eventually be successful. Unless you wanna say that we're all just going to retain the centralised internet model, or someone else is going to copy Elastos' code.
Burning ELA seems odd to me. I'd much rather discuss how we can rebalance inflation to incentivise storage once Hive is fully realised. The simplest example being like a 4 way 25% split between miners, voters, developers and storage maintainers.
There are two important CRC candidates that people should support in the election, one is the Bitwork (marketing) and other is Strawberry Node (exchanges) I think these nodes will make and support the above as priorities
the question is what's the best strategy for using that funds. i think this the task for next council members, to set a plan or guidelines what they wanna do for their term as cr council. then CR members (all of us here) can give support and start helping with it
You know what I would prefer, were it possible, would be for cmc to reflect the total supply marketcap, rather than half. I think that would perhaps appease people that are going on about burning tokens (which imo is just a short sighted waste)