- Edited
First of all, I do want to wish Jake good luckwith the launch of TitanX.
That said, this is where I see it being different from #XEN:
- The ambiguity around the 3% fee contrasts with XEN's definition of the 'Trustless' principle
- Somewhat unclear use of this 3% fee deviates from XEN's interpretation of the 'Transparent' principle
- While some of the ideas were borrowed from #XEN, I heard Jake on CryptoKindness.ETH stream publicly state that while he can't lock the code itself (smart contract code will be on-chain - no way around it)... ; he'll sue anyone who will copy and/or use part of the TitanX code. XEN on the other hand is completely open sourced and free to use by anyone, released under one of the most permissive MIT license: https://github.com/FairCrypto/XEN-crypto
Of course, Jake has a full right to create whatever fee structure and monetize the platform whichever way he likes. I am certain it wasn't cheap to create in the first place, so this post is not about him profiting from his creation. Anyone can start a business. This post is mostly about how the fee structure and ability to use code, contrasts with my definition and interpretation of XEN principles (just my opinion):
Any thoughts on this topic?