Stay on topic:

  • This thread is only for comments discussing the uncertainties, shortcomings, and concerns some may have about Monero.
  • NOT the positive aspects of it.
  • Discussion can relate to the technology itself or its economics.
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  • Post your concerns about Monero in reply to this thread.
  • If you can address these concerns, or add further details to them – reply to that comment. This will make it easily sort-able.
  • Upvote the comments that are the most valid criticisms of it that have few or no real honest solutions/answers to them.
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Previous:

The first principle is that you must not fool yourself — and you are the easiest person to fool.

  • BobrA
    51·
    3 months ago

    If we look at the funded CCS proposals https://ccs.getmonero.org/work-in-progress/, a lot of the recently funded proposals have very few donors, while the amount of money donated is quite big, which means that they are extremely generously funded by a very small group of people (sometimes just 1 person!).

    1. Do we know who is funding the proposals? (I know we cannot answer this by looking at the blockchain due to the privacy features of XMR, but maybe there are some accepted theories in the community where funds are coming from?).
    2. What happens if those few people stop their donations?
    • g2devi@feddit.nl
      2·
      3 months ago

      Fortunately, you’re reading the numbers wrong. Yes, some projects have 1-3 projects. Those projects tend to be side projects (e.g. Revuo, web site maintenance, etc) and are likely founded mostly from wallet providers and Monero service providers since it helps spread information that helps the ecosystem. I know Cakewallet has funded a few of these. The really important projects have 5-70 contributors. If donations stop, then some people would keep working on it because Monero is important, but they wouldn’t be able to spend very much time on it so progress would be incredibly slow.