Home Finance News Are the Internet Computer Protocol (ICP) Developers Less Vocal? Decreasing Value Proposition?

Are the Internet Computer Protocol (ICP) Developers Less Vocal? Decreasing Value Proposition?

Dfinity

Since the Internet Computer’s public launch, DFINITY is now one of many contributors to the network. As a result, technical contributions to the IC roadmap are subject to community discussion, voting, and approval.

At each lifecycle stage, proposed roadmap items, e.g., Ethereum and Bitcoin direct integrations, increased Canister storage, will be voted on via NNS proposals. Thus, the community decides what the Foundation is working on and what code is adopted, allowing the IC to evolve in real-time.

For clarity, Canisters consume resources in the form of CPU cycles for execution, bandwidth, routing messages, and memory for persisted data.

Neuron holders govern the network and have the ability to direct the Foundation’s effort in making the Internet Computer more efficient, faster and easier to use for developers.

For clarity, Neuron is like a savings account. Therefore, a notice of withdrawals should be provided.  The configured notice period is known as dissolve delay.  Users can start and stop dissolving a neuron at any time. The greater the dissolve delay, the greater the Neuron’s voting power and the greater the voting rewards it receives.

You can find the breakdown of proposed Internet Computer upgrades and join the discussion to help shape the Internet Computer roadmap.

Community response:  One of the many contributors to the network have to state that it doesn’t seem like many other people are developing the core software of the IC besides the Foundation. What is this supposed to be? Who are these other contributors? Answer:  I believe they are referring to you and the rest of the amazing developers bringing the IC to life. That is how I interpreted it.

Is it just me? Or is this community dying? Not even the FUD spreaders are interested anymore.  Oh well, I’m still holding my 30 ICP, I bought for 10k$.

I have also seen a decrease in tweets, including FUD, but growth in dev adoption in just 3 months. So, I don’t think the community is “dying”; I think makers are less vocal.

If you see deficiencies in the features, performance, security, etc., you can participate in the community process of upgrading the protocol here. Not even been three months since Genesis, so we expect lots of discussions and upgrades via NNS.

The only problem is that Dfinity controls the majority of voting power from what I understand.  So, even if the entire community is behind a certain proposal, if Dfinity doesn’t like it, they can shoot it down not the best situation.

Why do node providers often get +1k ICP tokens as a reward? Most of the people that work are not even able to pay for this. How are our votes useful if you create whales that you call node providers?

With DFinity and ICP, I can definitely see lots of projects getting added. Still, so far, none of them looks to be bringing in the value proposition that investors would want to see; none of them are solving a problem or adding to the community. We are missing the value proposition here.

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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