Imho... the pivotal feature of EOS platform is HIGH TRANSACTIONAL THROUGHPUT and NO USER FEES. However, these key features seem to be getting lost in the noise of several other issues. EOS seems to be trying to do too many things. Dan is an intelligent guy, but he has some major blindspots regarding some key metrics. He changed BP reward from 3% to 1% at eleventh hour (with no real measured analysis, just cuz), but retained inflation rate of 5% for Worker Proposals (just cuz, with no sunset provision in sight). RAM drama was evident early. The friction of high Ram costs and contract arbitration panels for any Joe Schmo with a gripe is a major time drain and flat out inefficient. We already have these high friction bodies in the legacy world. What we don't have... is a high throughput decentralized network. Focus on that!
It's time to trim the fat on this project and focus on the Bread and Butter.
Account Creation needs to be close to free if not free.
Ram needs to be increased way more than a couple percent a year as Dan suggested. Ram should be increased according to some internal metric, to make the ecosystem more cohesive, such as transactions happening per second, total number of dApps in use, etc. If there are more ways to discourage Ram hoarding, time to roll those ideas out.
Worker Proposal should be eliminated (Block One already has a Billion in cash), unless you want year round arguing about whose project deserves special favors and ongoing drama/distraction away from simply selecting great BP's, all while token value gets continually diluted. Let the USERS determine the winning dApps, not token holders with a mixed bag of special interests, who should be focused on BP selection.
BP reward should be fixed number. Could even start out at 2% or 3% of existing supply (i.e. 10-20 million EOS annually) but whatever it is, it should be FIXED at that number (10 million) not a fixed percent, so that each year inflation technically becomes less and less as a percentage. If EOS platform gains value, this would more than compensate for the drop in inflation. This is Sound Money 101, whatever your asset, don't blow 4% a year for infinity, while creating another issue to fight about.
Block One said they are going to vote. Thank God. I welcome a strong hand early on in selecting BP's. Hopefully B1 will reshuffle their votes fairly often to see some turnover at the top 21. We don't need complete turnover, but some shuffling would be good, so that more than 21 BP's can start to get a piece of the bigger pie to reinvest in their infrastructure.
Reduce necessity of human element in contract settlement/arbitration. Reserve arbitration only for Catastrophic Errors, such as DAO hack. Finality is essential and part/parcel with creating a Low Friction network.
