[Esiason]

Be warned of the large post mine coming to SiaCoin soon (the crypto-currency that powers Skynet). Massive inflation is coming to SiaCoin because of this to pay off Skynet Labs as they exit development on the Sia core protocol. David (aka Taek), the original creator, is leaving the Sia project to become a third party dev (working for the new Skynet Labs VC funded company) and will no longer be working on making the Sia core protocol actually work better. Lots of outstanding issues in the Sia core protocol still and with Sia losing their founding dev it raises concerns if the Sia protocol will ever be able to mature. Read more at https://SiaSetup.info (and more specifically https://siasetup.info/concerns-about-sia-and-skynet)

[Taek]

The "post mine" is something that has been discussed in the community for many months, and is not something we are hiding - in fact it's stickied at the top of /r/siacoin and has appeared in all of our announcment channels and official newsletters.

https://www.reddit.com/r/siacoin/comments/iox6ly/proposal_th...

It is also not correct to say I am "leaving" the Sia project, I will continue to work on Sia and Skynet as I always have, but administrative control over the codebase is being handed over to a non-profit foundation with a mandate of placing the community health and vision as its primary priority.

My own primary responsibility is to the bottom line of my company, and to the extent that Skynet Labs' bottom line is no longer perfectly aligned with the community's interests, we have created a foundation to ensure the community has a voice in how development progresses for the base layer.

I know that the 18,000 word letter you linked raises a lot of concerns about the project - from the history, to the speed of developemnt, to the core codebase, to the new Skynet initiative, to the economic model, to the team behind the project and the leadership behind the project, to the documentation, to the new initiative to hand over the project to the community, to the communtiy itself - but I don't believe the letter was written from a place of good faith, and I don't believe that most of the arguments hold up to scrutiny, especially if you compare the progress and decision making of the Sia project to competitors like Filecoin, Maidsafe, and Storj