(Not sure if this is the best subforum for this - apologies if it isn’t)
Hi, small-time dApp game developer here, new to POA and absolutely loving the project. The blockchains, the tooling, the ethos, even the forum software, and the helpful community, this feels perfect.
I’m wondering if there’s ever been talk of rolling out a blockchain similar to POA and xDai, using a token backed by ETH at a 1:1000 ratio or somesuch?
Here’s my rationale: many dApp gamers like playing dApps to do something with their ETH. They would rather not trade it. dApps are seen as a fun way to gamble a little with the ETH they’re sitting on, maybe get a little extra reward out of it, all without losing exposure to ETH.
But mainnet ETH transaction speeds and costs obviously limit usecases. Lately Tron has taken the lion’s share of the dApp gaming community, even beyond pure gambling apps, simply by virtue of offering fast and free(ish) transactions.
All of that, despite Tron being a hacky mess, with nodes going up and down, users losing their funds when contract transactions revert, and other “interesting” quirks…
It seems to me a Proof of Autonomy chain backed by ETH at a 1:1000 ratio would solve all these problems at once, offering a technically superior alternative with reasonable transaction costs.
Has this been considered before? Is this a stupid idea?
(Frankly, I’m curious, excited about POA and perhaps overly eager for discussion. )