Citadel.one considerations behind proposal #56 NO vote
Dear Secret community!
We decided to vote NO on proposal #56 due to the number of concerns as we believe this proposal is unreasonable in multiple ways.
We doubt there is a need for such a large hardware investment considering all the cons it brings compared to outsourcing (rent):
- There are multiple scenarios when renting is a much better option. Currently there is simply not enough demand for such a number of nodes. Eventually it will come in the future, however hardware requirements may be different in due time (like new generation of processors).
- Rent is a more agile option allowing to reflect real demand dynamically.
- Besides, it removes the need for hosting support expenses which we can easily see as the next proposal.
- Assuming SCRT price will increase, paying renting fees on quartelly (or any other time adjusted basis) is a more capital efficient option.
Finally, we believe this proposal will lead to the unnecessary centralisation of hosting power in the hands of one entity.