Hey Phil, appreciate your detailed thoughts. Let us analyze the problem and find the truth together.
1. Leaving ICS Replicated Security
Isn’t pursuing a fully sovereign economic model exactly what this proposal does?
2. Discussing Future Political Alignments
Please consider the following statements:
- Neutron entered into an agreement with the Cosmos Hub specifically in the context of Replicated Security, as shown in Proposal #792
- Failing to resume produce blocks for 12 hours or more after the correct instructions and patch has been distributed is a meaningful failure from a validator set.
- The Cosmos Hub is making the sovereign decision to deprecate Replicated Security in favor of a different security offering called PSS.
- The Cosmos Hub is making the sovereign decision to enable permissionless smart-contracts and build a local DeFi ecosystem on the Hub rather than on Neutron.
Are any of these statements false?
3. Transferring 40,567,950 NTRN from the Cosmos Hub to a Joint Committee
I believe the situations are different. Factually speaking, Neutron fully delivered on its commitments as part of Proposal 72. That being said I think it could make sense for the funds to be returned. The Foundation never sold the ATOM it received from Prop 72.