RE: Should We Create a Development Fund?
I don't see why we can't simply have individuals willing to stake projects as investors put stake into those projects
And see where we are now? I can see how having such a fund addresses accountability and speeds up development rather than reckless delegation to projects with most hype.
Dash, Bitshares, Ethereum, even Bitcoin does this to a degree.
Sure, decentralize everything. And then Project A will work on heading north and Project B work on south. Nothing gets done in the end.
They're called witnesses.
The central issue of OP's post is the address reliance AWAY from a few parties. Edge case scenario, say a legendary developer comes to the Steem blokchain and is willing to work on a proposal. He's not a witness though, does that mean he's not qualified to develop Steem?
There are certainly better reasons that the blockchain is suffering more than the lack of developer incentives. One of them is developer focus. Another we can tie into the game theory behind Steem. A third would be cryptocurrencies being strongly correlated with Bitcoin. All better reasons to why we are here now.
Nobody forces anybody to delegate. How would a shared pool solve this issue? Please enlighten us.
My concern is about on-chain funding. Foundations and private companies are off-chain funding. I'm perfectly fine with that sort of funding and would encourage it.
I feel like these ideas conflict with each other to a degree. The second implies moving toward the first, and critiquing the first would suggest moving towards the second.
He may be qualified to develop Steem, it depends on his experience. But let's say dude solves all our problems with perfect code. If code doesn't get witness support it isn't passing regardless.