with hopium.Guys there is a way Velas can go up, all the bagholders collaborte and develop some useful projects with real world Use Case using velas and bring it to the world. Because it's not a blockchain of intrest for serious projects any more. Core team left, Alex will leave once it's a DAO. Nodes stop running once profit is unsustainable. Have you ever thought how is the project going to sustain by itself? Well the only people who believe in it are the bagholders, if you can do something about it please do.I'll be happy to see this go backup. But reading the comments I doubt most of the moon boys here even understand what a blockchain is. Good luck to you all.
why do you think alex will abandon after dao set up?
because that's what he will do
My Theory: He wasn't part of it so long until farhad was CEO, he backed off long back. He knows it's pointless to stay, there are better and much more efficient projects in market doing well specially other third gen blockchains. Fact: He said so in his twitter 🤷♂
What is the third generation blockchain?
👆👆👆👆👆👆👆👆👆👆👆👆👆
An improved version of blockchain which allows developers to create complex dapps with ease. And advanced smart contracts. Velas itself is a third gen. But not adopted well.
No one contradicted you and proved that your guess was right.
It may be that vlx was born at the wrong time, and the management also has a big problem.
I wasn't born at the wrong time.
I really liked Velas wallet. They just stopped working on this blockchain and improving it. Once you put the product to work is when you find out the weakness and issues, by slowly working through them solving all the issues and getting rid of the weakness after a lot of effort and time is a great product built. It's not just Velas most of the blockchains will slowly vanish.
Who will maintain and upgrade the wallet? If there is no management and technical team, how to deal with these technical upgrades and later maintenance.
Once the DAO is formed, it will govern the further development.
maybe means instead of velas foundation pay for developers, develop work is paid with by proposals
Looking at the current discussion, DAO is the trend, and if the concept is perfected, it will be amazing
Have a read of his tweets, he said himself he'll set-up Dao and get back out.
what happen if no one looks after projet?
He only says that he doesn't want to be a CEO.. The DAO doesn't even need another CEO.
what do you think will happen?
C-Level leaving thats for sure... Hope that Alex helps will help with DAO and after that is everything on DAOs decision.
do you know how dao works and who influences decisions?
There is more types of DAOs, look at google.
Google is dao?
Nope, google is place where u find information about DAO
After DAO , who will pay the programmers and engineer ?
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