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🌐 Detail historic lumen metrics #794

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JFWooten4 opened this issue Jul 14, 2024 · 3 comments
Open

🌐 Detail historic lumen metrics #794

JFWooten4 opened this issue Jul 14, 2024 · 3 comments

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@JFWooten4
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What problem does your feature solve?

While the current lumen supply metrics section gives transparent insight into coin distribution, it does not provide much legacy context.

More to the point, there is not much public documentation on the early distribution of lumens. 📋

While it is generally reported that Stripe and others partook in early disseminations, it's materially difficult to find the specifics without diving into on-chain data. ⛓️‍💥

What would you like to see?

Documentation on the early distribution efforts of lumens, including any allocations to co-founders.

It is common in other projects for this kind of info to include explicit public keys for inaugural developers. 🧑🏻‍💻

Aside from direct seed investments, it would be stellar to see further information as to the allocations in campaigns like the Facebook giveaway, CoinBase Learn partnership, and direct investments.

What alternatives are there?

First and foremost, this information is already public for a vast majority of network participants that reveal their public keys in their stellar.toml files. 📊

All I'm suggesting is that we make this more transparent general knowledge so as to hasten new users' understanding of Stellar Lumens coin ownership decentralization.

We could do nothing, but this might leave certain groups with material 'ammunition' to make unjustified claims about central control of the network. 🤔

@github-project-automation github-project-automation bot moved this to Backlog in Dev Docs Jul 14, 2024
@janewang janewang moved this from Backlog to Ideas in Dev Docs Jul 19, 2024
@janewang
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I think data team may have this data cc @sydneynotthecity

@JFWooten4
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JFWooten4 commented Sep 5, 2024

Thanks @janewang, you are really improving the Laboratory lately! 👍🏼 To briefly elaborate, it would be stellar for new users to easily understand early cooperation agreements such as Stripe's whereby "net profits are returned to the Foundation." Namely, this and other arrangements were not immediately apparent to me based on on-chain activities, and certain shifting regulatory landscapes would likely appreciate a transparent disclosure of funding, as SDF has well championed for years. 💭

@JFWooten4
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Per discussions amongst active community members, including at SDF, it seems the network reset is not generally explained in laymen's terms after the Ripple consensus break in 2014. Might this detail be integrally-related to #794 given the initial genesis of 100B lumens, an event which was not observable via Horizon ledger 1?1 This could make it easier for scrutinous overseers to understand how things moved around early on, instead of requiring onerous parsing through the present SDF wallets' transactions. 🧐

Footnotes

  1. By my interpretation of programmatic responses, including those provided by the SDF's service before the 1-year historic truncation.

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@janewang @JFWooten4 and others