Seriously, who would be negatively affected by increasing the supply?

Question

Seriously, who would be negatively affected by increasing the supply?

The NOPs would want it because they're the ones that will be subsidized. CLL would want it if NOPs want it. Would tradfi customers of Chainlink services care? I imagine CLL would do the snapshot/airdrop you mentioned which would compensate the tradfi properly and ensure they didn't lose any value of their holdings which would they may only be holding just enough of to pay for services so they wouldn't be affected by supply inflation anyway. So the only stakehodlers left are random LINK holders holding for long-term investment purposes. Yes we would be seething. CLL has already shown they don't care about us small fry - they're only interested in enterprise stakeholders.

Shit I was originally just being cautious ITT and providing a "what if?" doomsday scenario, but now having typed out this latest response I realise there's a not insignificant chance we all get fucked over.

Seriously I want someone to just type out exactly WHY:
1) Node operators will not push to have supply cap increased, and
2) Chainlink Labs will never "migrate" to a new ERC-20 token with an increased supply, even if NOPs try to pressure them.

#blockchain #cryptocurrency #english #link

0

18.06.2024

7 ответов

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Genghis Jhan

Theoretically I could see them migrating to a new token contract since there’s a bit of complexity for certain chains LINK (see: why CCIP doesn’t support link to almost any chains) But even if they did this it would probably be an even distribution Like if they did a 1:2 token split, is anyone actually harmed? Everyone just gets the same proportional amount of new token

0

8 дней назад

Francisco Автор вопроса

Genghis Jhan
Theoretically I could see them migrating to a new ...

What about if current holders get the same amount they have now, but they create another billion tokens out of thin air to distribute amoung institutions, for example? Or to keep funding themselves?

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8 дней назад

Genghis Jhan

Francisco
What about if current holders get the same amount ...

what if Sergey pulls a gun out on his next tv appearance and shoots the interviewer dead in cold blood

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8 дней назад

Sean

Francisco
What about if current holders get the same amount ...

Bro why are you dreaming up FUD

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8 дней назад

Adrian Product & Service Consultant @ Ferrum Network

Are you autistic?

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8 дней назад

Adrian Product & Service Consultant @ Ferrum Network

Sorry @fsco321 thought you wrote this, I found the post you were talking about

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8 дней назад

T̨͈͗̌ͥ⬢ƙׁׅ֑eɳiz͓̽ed ( SD𝐿, 𝔰𝔱꒒ꀤꈤK) · Accepted Answer

T̨͈͗̌ͥ⬢ƙׁׅ֑eɳiz͓̽ed ( SD𝐿, 𝔰𝔱꒒ꀤꈤK)

1.imagine thinking NOPs have a say at the immutable nature of the token they get paid in Do you get to determine the fate of the dollar because you get paid in it? 2.Same reason BTC will remain 21mil, what a retarded argument lol

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8 дней назад

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Seriously, who would be negatively affected by increasing the supply?

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