What'S preventing a project deployed in eosio.token from rug pulling?

Question

EOS

cc32d9 | EOS Amsterdam

What'S preventing a project deployed in eosio.token from rug pulling?

#blockchain #cryptocurrency #english #eos

0

08.01.2022

18 ответов

21 просмотр

Ailexai

so the current system the dapp developer has control of the token contract vs with the new proposal the bps will control it?

0

08.01.2022

cc32d9 | EOS Amsterdam Автор вопроса

Ailexai
so the current system the dapp developer has contr...

No, it's just about premium names. I'm struggling to imagine who would need that. We have a much more real problem, like investors turning away the next moment they hear EOS

0

08.01.2022

Ailexai

cc32d9 | EOS Amsterdam
No, it's just about premium names. I'm struggling ...

could we have both systems running at the same time?

0

08.01.2022

cc32d9 | EOS Amsterdam Автор вопроса

Ailexai
could we have both systems running at the same tim...

Nobody is cancelling the old system. Why would they

0

08.01.2022

Sébastian | EOSrespect.io

cc32d9 | EOS Amsterdam
No, it's just about premium names. I'm struggling ...

thats the 𒊹︎︎︎

0

08.01.2022

Ailexai

cc32d9 | EOS Amsterdam
Nobody is cancelling the old system. Why would the...

so why not try this new system that Dan is proposing for devs that wanna use it?

0

08.01.2022

cc32d9 | EOS Amsterdam Автор вопроса

Ailexai
so why not try this new system that Dan is proposi...

It's not solving any of existing problems, so why bother

0

08.01.2022

Ailexai

cc32d9 | EOS Amsterdam
It's not solving any of existing problems, so why ...

seems like there is a lot of benefits like it inherits all the eos governance powers, dapp tokens will be compatible with all other tokens, it will upgrade with new features as the network add new features, it will allow bitcoin style transactions, it will allow to do contract pays, it will allow to transfer tokens without paying ram, ect...looks like there are many benefits with Dan's proposal

0

08.01.2022

cc32d9 | EOS Amsterdam Автор вопроса

Ailexai
seems like there is a lot of benefits like it inhe...

What is anything in your list so specific to the system token contract? It's just a token contract, nothing special

0

08.01.2022

Ailexai

cc32d9 | EOS Amsterdam
What is anything in your list so specific to the s...

it seems like it offers better security as well where dapp developers are not commingling with the code 😜

0

08.01.2022

Joe Louis

Ailexai
with Dan's new proposal Dapp developers are not ab...

Can adjust it down, not up.

0

08.01.2022

Ailexai

Joe Louis
Can adjust it down, not up.

if they can't adjust it up then that means they can't print more tokens and take some profits 🤑😜

0

08.01.2022

Daniel Larimer

Ailexai
with Dan's new proposal Dapp developers are not ab...

They can lower but not raise

0

08.01.2022

Aaron Cox (jesta) — Greymass

cc32d9 | EOS Amsterdam
It's not solving any of existing problems, so why ...

A central token contract like this does solve problems.

0

08.01.2022

Red Eyes

Daniel Larimer
They can lower but not raise

Would an algo stable like UST be impossible to recreate using the new system then? UST gets burned to create LUNA

0

08.01.2022

Daniel Larimer

Red Eyes
Would an algo stable like UST be impossible to rec...

No. Such a token would set the limits to infinity

0

08.01.2022

Ailexai

Daniel Larimer
They can lower but not raise

Would be great to give developers the 2 options, one centralized option and other more decentralized option...users will decide which system to trust 😁

0

09.01.2022

Ailexai · Accepted Answer

Ailexai

with Dan's new proposal Dapp developers are not able to change token supply or inflation? the new token contract will be controlled by the bps?

0

08.01.2022

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What'S preventing a project deployed in eosio.token from rug pulling?

18 ответов

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