is being funded by funds of everyone?
personally, i would be happy if any award was used to fund software and ecosystem development without having to dilute
right, then it benefits everyone, not just those who are participating in the lawsuit. It will need to have complete transparency
who do you see doing this?
Any class action lawsuit would be brought by a class. To my knowledge, the ENF as an entity has no claim in any potential lawsuit. The class would be comprised of individuals. The class itself would decide, how to distribute any award that is issued as a result of the class action. There would be no cost to the network for the legal proceedings.
rephrase that question, it doesn't make sense
yeah that makes sense, so the class could say, ok lets fund this or that
Totally up to them and the court.
this being "used to fund software and ecosystem development". Who do you see doing that work with the funds? I assume the enf, but was curious if you had another answer.
but how are lawyers funded?
They agree to take a cut of the proceeds of any award as compensation for taking on the case they believe they can win.
good ser, i humbly ask if you might grace us with an update, if any, on the potential legal proceedings? there now you can't say i didn't ask nicely 😁
I haven’t heard anything since I opted out (of the other), unless I missed an email somewhere.
thank you enf comms manager for the update 🙏
I'd like to see it go into the coalition's MSIG account
yup i agree with that...and then allow some other chains to officially join like Chintai, Libre, and Koy.
at this point they would be the logical choice. but who knows, things could change.
would love to see more chains joining the coalition. but equal vote weight among the chains would make no sense whatsoever
not as it is now...i agree, I'm only making this suggestion based on the idea of b1 funding it.
you've definitely got an active imagination Mell, I'll give you that 🙌
For real. The stuff that the coalition has taken on, has prioritized, and continues to talk about is some of the most pressing technology that’d benefit all chains. The track record so far is pretty good too. So much more to do.
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