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The Problem of old Greg CA that needs fix early

Started by Greg, May 25, 2024, 08:01 AM

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Greg

The old contract address (CA) died, and it's a bad idea to CTO a mutable one. We repeatedly call out the previous rugger dev to make it immutable at least, but he never responded. I wanted to have a chat with him to discuss making it immutable, but it never happened. That was the only solution at the time.

We should have migrated back when the marketcap was over 100k, but instead, some from the cto whale team (sp00n included) called it a scam and quit. Maybe they didn't understand the long-term plan, which is to fix problems early rather than wait.

Now, we're relaunching with a better contract address with GREG69 at starting name.

What does Mutable means?
A mutable contract allows the dev to change the token information in the future, which could crash the price since the contract is not fully renounced. Migrating thousands of holders would be much harder if that happens, posing a significant problem in the future.

We can't build a utility for an app with millions of users spending real money on a contract address (CA) that isn't fully renounced. We aim to focus on the long-term perspective, not just the quick, short-term gains from a meme degen play.

This is a good narrative, but we can't build on a faulty contract that isn't fully renounced. I always believed that we need to fix the  problems early to avoid bigger issues in the future.

Dayus

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