Monero
$120.97 6.86%
XMR · 60w

Please be supportive instead of impatient

Monero and the art of STFU

Over the past few months we have been working relentlessly so that we can bring on board one of our all-time favorite coins, Monero. As a matter of fact we decided that Monero would skip the market cap queue, leaving behind stronger candidates such as Ripple whose market cap is currently 10 times bigger than Monero’s. That was November 2016.

Our initial enthusiasm soon faded away the moment we realized that Monero was probably the hardest integration we had ever performed. We thought of putting the whole thing off and moving on to Ripple, NEM and all other coins in the top-10 list of the market cap rankings. We also realized that a big part of our resources would have to be used exclusively in the Monero project if we wanted to get over with it anytime soon. We decided that it’s worth the trouble. And so we started.

It wasn’t until a couple of months later when we became witnesses of a major failure in communication between another wallet provider and the Monero community. Serious accusations were made on both sides and things got out of hand pretty quickly. We all got disheartened by the nasty comments that were made but decided to keep on going anyway, knowing that if anything goes south along the way we might also get into a similar situation, especially after this fiasco where many of the community members became overly sensitive over external development. We decided to only announce support for Monero when everything was in place. And so we did. But..

Users started asking us non-stop if we are going to provide support for Monero. When the first messages came in, we were torn on how to deal with this. Reveal that Monero is in the works and having to come up with stupid excuses until the integration was ready, or deceive the community and take them by surprise when Monero has passed all tests? We love surprises but then again we wouldn’t be able to live with the fact that we have lied to the community. We...

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