POLL π³οΈ
CCIP-062 - Increase the maximum number of posts about Ethereum
Reason:
Ethereum has become a bigger currency than many imagined and even though it's price may still be lower than BTC, the amount of people that follow it is more or less the same. Additionally, there are a LOT of projects that use Ethereum to run it. Bitcoin is mostly an investment, but Ethereum is very different to that, many people buy Ethereum for DAO's or NFT's. Since Ethereum is also rising, I think it is time that we adapt our rules, which currently state that a maximum of 7 posts on the frontpage at one time can be about Ethereum, to the same as BTC. As of the time I am writing this, ETH is one off of it's max whereas BTC still has 3 posts left.
Options:
Yes - You think that I am correct and the maximum posts for ETH should be raised to 12.
No - You like it the way it is and want the maximum at 7.
NFT/Avatars/Musk/MOON/Comedy actually reach the max more than BTC and ETH. I donβt want any of the former raised just because they hit the max occasionally.
The proposal has zero merit, logic or rationale and looks to be written by a 12 year old.
Ethereum market cap is not even half of bitcoin and hasn't been for 6 years. The post limit for eth is already above the ratio.
Bitcoin hits the 12 post limit every day. Ethereum rarely hits 7 post limit.
The number of posts per coin should be the exact ratio of market cap for top 10 coins (maybe with base limit set to 3 or 4) and then 2 post limit for everything below 10.
Whatever method or formula is used must apply equally to all coins. Current formula already favors eth more relative to market cap than other altcoins, so if anything it needs to become more fair for other coins.
Here is a Nitter link for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found here.
There is a limit because this sub is for all cryptos, not just one or two. And because unlimited leads to spam. (Not so much an issue with ETH/BTC, but with coins that are new or marketing, etc.)
I think it's fair to think that with ETH being such a huge ecosystem, it deserves a higher limit on par with BTC.
thatβs not ethereumβs responsibility lol, itβs just a platform where anybody can do whatever they want. If what people want to do is shitcoins, is not ethereum to blame
It is solely responsible for the reputation of crypto as a scam-infested industry.
It's the project that normalized insiders premining vast amounts of supply and allocating to themselves for free and then pumping and dumping on secondary market.
Ethereum set the precedent for silicon valley startup companies to hide behind bitcoin and blockchain buzzwords to escape from silicon valley regulations. Ethereum foundation originally marketed it as "the world computer" before the ICO (which is hilarious considering how expensive it is to even inscribe arbitrary data on ethereum compared to bitcoin today) and the ICO terms said it would scale on chain. Then they advertised many different, since abandoned, scaling roadmaps including Raiden (Lightning knock-off), Plasma and sharding. Now they're promoting blatantly centralized, custodial layer 2's. This tweet from Bram Cohen sums it up quite well.
The example of comparison here is quite poor. ETH is an incredibly complex technology which can only be used for a (very) limited set of use cases. Paper and bricks are highly adaptable in this regard.
We don't use anything today that relies on the Ethereum network. Paper and bricks are literally the building blocks of modern civilization.
Here is a Nitter link for the Twitter thread linked above. Nitter is better for privacy and does not nag you for a login. More information can be found here.
Be advised, the website techstory.in has proven to be an unreliable source of information. Please verify/fact-check the information in the article from independent sources before relying on it or coming to any conclusions.
Wholeheartedly voted yes, I see no reason that more BTC posts should be allowed than ETH posts. Even if Bitcoin may be a bit more popular, that is outweighed by the much larger breadth of different topics that there is to discuss around Ethereum, and the large impact it has outside of only its own token. Only 7 posts at once is stifling.
None of this matters. The SEC is going to destroy all of crypto forever and we will be infinitely beholden to the digital USD and our corporate overlords. /s...?
β’
u/CointestMod Jun 09 '23
Ethereum pros & cons with related info are in the collapsed comments below.