Simply go to the opening post(s) of this thread. Read it (them). Fast forward to today.
What did the dev team achieve?
Which of these achievements (claimed by the dev team real ones) did force their hand to come up with something that ouright stupid like they did?
Let us assume for a moment - and just for the fun of it - that the "migration" from shadowprojekt to particl is a good idea. Just as a hypothesis.
Why wasn't there any discussion of the topic before last Friday's poorly executed "surprise announcement"?
Why was the community left in the dark completely until there was no other chance left then to sell everything and forget about it or buy the scam as offered by the shadowproject (now particl) team?
Why are those still benevolent towards the team and the so-called project forced to give a coin (which holds "some" value, at least) for a mere promise called PART (which holds no value right now - regardless of what the dev team might say) of which NOBODY can tell whether it (this promise) will ever be fulfilled or not? And related to that:
Why the long (weeks, even months) period in which the so-called donors have to hold the infamous bag because the SDCs are gone and the PARTs are not even existing as an functioning altcoin?
...and, and, and... I am just tired of going on...
Let us assume for another moment another hyposthesis, which is that everyone in the shadowproject's team did think, speak and act in the best interest (or what they thought would be the best interest) of the SDC owners. Even under this hypothesis this remains one of the poorest executions of a - well, what is it in essence? Anybody can tell me? - rebranding restarting that I have ever seen in my life. And as such it did cost the team what is most valuable within the crypto world: Trust.
My trust they lost - for all of the reasons mentioned above. Maybe I am wrong in what I deducted from all this, but, sorry: My money, my gut feelings, my definition(s) of who can be trusted and who not. There is an abundancy of interesting projects out there - minus one (at least for me), which is SDC/PART.
Wish you all the best - whatever your personal decision here might be.
+1
Well, illustrated. They liquidated the projects support equity which is very underhanded on the face of it. It was a pure and simple attack on the SDC network....a coup, a hostile take-over, a bait and switch....etc. I think that this form of attack needs a new name: maybe, "Bait and Switch Attack," "Rogue Dev Atttack," or "Support Equity Attack." They effectively killed the SDC network by siphoning off its support equity to bootstrap their own personal project. I don't know if the new project will be successful, but I do know that its launch was very underhanded....I hope the new project does well, but it is obvious network control is non-distributed; therefore, it appears to be a non-secure network at this point....
