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dan520357197 activity

dan520357197 commented on Has the phase2 started yet??

Hi there, not yet. Here is our latest status for the launch criterias: "Economic goal is stabilized around 75% of our ambitious goal, I think we're good to go Economics audit results are being delivered as we speak; Security Audit part 2 starts soon Battle of Nodes will start in March, the 15 days will count down in there”

dan520357197 commented on So what you are saying is that if a competitor with more powerful financial resources will try and replicate your code they won’t be able without the team? Is that right ?

I understand your point. When developing open-source software this becomes an assumed risk. The protections we have are the ecosystem built around Elrond (being on Binance, being part of the Samsung Ecosystem, building and releasing the dApps that complement our protocol) and continuous improvements (which can be seen on our roadmap)

dan520357197 commented on I’m just trying to understand the reason behind ERD going open source without protecting their code. There a few projects which went open source without releasing their code, with the possibility of release just for testing as an open review option Which means you can test their code to see if i... Read more

Sorry for missing your question. The reason why our community is so strong behind us is that we’ve always been transparent. This applies to everything that we do, be that the way we’re developing the protocol or through the way we communicate. Regarding our architecture, since it’s very complex it would be difficult for someone to just copy it. We are proud to build an open source protocol and put it in the hands of the community to stress test it at its peak.