Hold your horses, @Berry , who only joined the forum a day ago. You’re in no position to call anyone a troll. Let alone a valued forum member who actually took the effort to participate in the conversations when earlier changes were discussed.
it’s a little disheartening to see the majority of support for this action is from people who are either new to the forum or haven’t been around since before the first announcement of changes. While you all were absent, an open dialogue was actively going on, with people on both sides. Now this doesn’t go for everyone who posted their support, but those who choose to stay silent and their first action is to threaten harm do not earn nor deserve my respect. @arrogantrabbit has.
I plan to make this statement more clearly in my earnings estimator soon.
I’ve stayed out of this discussion so far because of the lack of constructive criticism. But I think it’s time to add my 2 cents. Payout cuts aren’t fun for anyone. Dissatisfaction isn’t unreasonable.
But both the planned action as well as the suggested solution show a strong disregard for the long term future of Storj that all node operators rely on. A reputational hit of the Storj public network will hurt everyone and demanding Storj Labs to take a loss on every TB stored is simply not realistic. I would have a highly different opinion had this action been more thought through and the demands been more reasonable.
Just from the top of my head. You could have said you would trigger graceful exit on January 1st 2024 on all these nodes if before that time Storj Labs hasn’t done the following.
- Clarify the expected timelines for RS tuning to reduce overhead on storage. (At the latest first half of 2024)
- Promise to let node operators benefit 50/50 from the resulting savings on unit costs from tuning RS parameters.
- Solidify your promise to have no further pay cuts through the course of 2024 & 2025.
- Differentiate customer pricing between native integrations and those who use edge services by the end of 2024.
- Share those higher margins on native connections with node operators by paying a $2 bonus to node operators for native egress.
- Promise to let node operators who initiated graceful exit stop that process should a reasonable agreement be reached before the end of January 2024.
Your action would then not risk customer data and your demands could reasonably be met without forcing the entire project into the ground, while still giving a strong signal of dissatisfaction about the current state and a significant loss of supply side as a stick to take action.
As it stands I cannot possibly support the suggested action or the resulting lack of constructive discussion.
I will not be participating in this action.