General ETH question here (not necessarily related to mining):
Recently, the team behind the open-source Raiden development announced an ICO - RDN - to further fund Raiden development. To incentivize people to invest in RDN, they announced that there would be a fee structure set up requiring the expenditure of RDN tokens in order to make use of the Raiden feature-set.
Buterin has come out against the ICO, offering up $35 million of his own ERC20 tokens (mostly OMG and Kyber) to try to convince the Raiden team to cancel the ICO; in the event that they refuse, he'll donate to charity instead. Buterin is out $35 million either way.
How do you feel about this development? Personally I think Raiden is a major step forward in the development of the Ethereum ecosystem. I was very interested in RDN as a great profit opportunity, especially considering how important it is for improving transaction scalability.
But Raiden was supposed to be part of the base Ethereum ecosystem. I can understand the argument against adding another fee layer to the Ethereum public blockchain. Transaction fees should entail ETH alone, not ETH + RDN + whatever. Plus Raiden is currently open-source, so it would be possible to just fork the entire project and complete it without a token layer, albeit with delays since the original dev team is obsessed with adding an additional fee layer.
https://twitter.com/VitalikButerin/status/911217245094686720