RE: SMT: The Wrong Way to do a Token Distribution
Hey, @protegeaa.
Looking forward to reading your best practices post, but learning what not to do is probably even more essential for those who actually want to do this. And that's supposing they're above board. It seems like there are many ways to fail in this, even if you do have a good token. I'm not sure that instills me with a lot of confidence in their overall worth or implementation. Not in what you've said, but in just the thinking it through.
Unfortunately, or so it seems to me, the only way we're going to find out how this will all shake out is for it to happen. A control experiment of some kind before they were up and running, if possible, would be great, but I have no idea what that could look like or if it would even fully represent what would come after. I just know, we don't need to go producing another HF problem, magnified by factors of throw in your own number.
There is a test net to try everything out before going live. Unfortunately, problems will still pop up during a hard fork.
So yes, we'll all have to buckle up again in March and hopefully the SMT upgrade will be smoother than HF 20 was.
Either way, good to see you in the comments again, Glen!
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It's good to be back. :) Sad thing is, I feel like I've been around, just not as much, with less time to do things. Then, of course, when I was back, in comes hard fork 20.
My wife had hernia surgery and subsequent recovery, so that took out the last part of August and early part of September. So, anyway, trying to get back into as much as I can.
Ah, the testnet. Will it be used this time? Will it actually be a full testnet, not a partial testnet. Will it be able to test everything that could go wrong on the other end of things, with all of the different websites, hosting sites, and everything in between?
Hopefully. Best to buckle up and carry a crash helmet, just in case. :)
The difficult thing about a testnet is you can only test what a handful of testers try to break.
Small population won't do all the stuff a larger population will do.
My biggest bull case is that the witnesses have done a great job twice now rolling back big problems.
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I have to agree. Devs and witnesses have done a great job of fixing things for a lot of us. I think there's still plenty with lower SP still trying to navigate again. That said, I'm making it around just fine.
It's true—the more people, the more actual testing that takes place. I understand that there's only so much that can reasonably be done or expected beforehand. I'm just hoping they get that far next time, instead of putting it off, from what I've read, and then only a few actually doing anything towards the end. It just seems like more can be done.
Maybe a bunch of community beta testers if witnesses don't have time.
Yeah, totally agree.
Also, I hope your wife is feeling better. Surgery is never fun.
Thanks for my wife's well wishes. She is doing better. She was cleared to go back to work last week, and I haven't heard her complaining about any of it for a while now. There was something going on with the area where the largest hernia was in the way of pinching. Since there's mesh there now, it might be that. I think she has another appointment on Friday with the surgeon for another post op visit where she can find out more about what to expect going forward.