@Beniaminmincu, @luciantodea @SeverMM @danvoicu and people in dev team, In regard

to today's Beni's tweet,
I'd like to give my opinon and my wishes.
I wanted to be brief but I failed miserably there...


1) Pls list up and categorize many issues raised
from the community and document them all in
Elrond Network blog.

TGs are in chaos, twitter going berserk, why?
There are many questions being asked, more than
just the RIDE unfairness issue.
From doubtful slippage issue to launchpad plan
being never disclosed and pushed back, target
date of multisharded DEX release, EGLD/RIDE LP
being released to the uninformed, etc.

Address them one by one, and publish those documents.
It's been long time since I read a blog post from
Elrond Network. We used to have quality blog posts...
Admins and community should first refer to those docs.

I see many honest projects writing up post-mortum
investigation and plans going forward, when they
encountered many failures in a critical event, like
launch day.
Documenting past problems will serve as an evidence
of transparency and professionalism.


2) Pls do not delay launching new projects just
because the DEX had a shard related performance issue.

I believe that Elrond's real strength is a true
multi-sharded architecture that will be able to serve
billion users in future, such as multi-million-user
Metaverse. I've been reading weekly dev reports
which describe your efforts and progress.

However, a native DEX is the most basic "plumbing
apparatus" to build a blockchain ecosystem. I believe
that, with current user base, Maiar DEX doesn't have
to be fully multi-sharded to act as the Elrond DEX.
You put the DEX onto the limit where bots and many users
were swarming to the DEX, with no special fences or tactics.

RIDE, if to be sold at 0.1$, should have been sold
through special smart contracts (closed source and obfuscated),
not regular DEX. Many projects are taking elaborate
tools for such an event.

So I wish that Elrond dev
- fix many remaining bugs that caused DEX to fail
to the community expectation
- investigate further and implement quick fixes to
the shard 1 perf issue, rather than just saying
"DEX must be fully sharded to serve as a DEX"
- initial public sales should be done through special
built SCs along with bot / other spike protection.
- and most importantly, help waiting projects to
launch quickly, and meet users expectation to grow
Elrond ecosystem

I emphasize this because I predict that creating Dapp
infrastructure on a fully sharded block chain takes
great efforts and more time. We should parallelize
implementing sharded app infrastructure and
ecosystem development.

Hire more crypto/defi strategist and specialists.


3) Pls empower TG admins
Maybe this is just me, but to me, giving less power to TG admins
makes me feel like that community members are being treated
as simple herd of sheep.

Hire more people for communication mgmt and documentation.

---
Crypto market trend is moving fast.
As you know, ordinaly DeFi no longer shows exponential
growth. Current utility of MEX/LKMEX will succeed only
with much more elaborate utilities.

As a sidenote, I just saw NEAR's town hall. They
claim that they are the "first truely shared block chiain".
I doubt it, at this point, but can we just rest assured?
I'm afraid we can't.
Multi-sharding dapp technologies will be mandatory to grow
Elrond ecosystem for billion users. So we must grow
the ecosystem first.

Thanks for reading!

Appreciated. Taking this to the team.

Good read 👍

Wow! Tweet this, man!

Good read 👌

Awesome read. I actually think the sharded Dex is the main priority. It’s what separates elrond and will be the backbone for future projects and investors to choose Elrond.