My proposal was to Redenominate Kusama 100:1 and thereby bring all of the benefits of DOT Referendum #52 to Kusama. As listed under Referendum #52. The main benefit of this change is to avoid using small decimals when dealing with DOT and to achieve an easier calculation system. Since Kusama is billed as the value brand between the two sister chains, it is even more important to Kusama and yet Kusama will be using 2 extra decimals over DOT. Additionally, as I now know others have mentioned, the redomination would bring conversations, comparisons, etc between DOT and Kusama into an apples vs apples realm instead of the current apples vs golden apples situation we currently have.
Much has been made about DOT and KSMs ability to adapt and change without having to hard fork leading one to believe this change could be made with a simple on-chain rebase command which could change the entire blockchain. Apparently this is not the case. Apparently, it takes a massive amount of work to redenominate the chain. Even more so that when it was done with DOT as transfers have been enabled. It is unfortunate because when DOT was redenominated, would not have been the best time to redenominate Kusama. However, it now appears Kusama can never be redenominated, which is also going to be tragic. It is already a problem, but as KSM becomes more and more valuable this problem is going to do nothing but become worse.
However, with all that said, at this point in the market cycle and DOT ecosystem lifecycle, there is absolutely nothing even as close as important as the deployment of the parachains. This is one of the main premises the DOT ecosystem is built on and nothing must get in the way of it.
This is my mistake and if I had known it had been proposed before and if I knew how much work needed to be done to implement it, or if I had know how much confusion it could cause I never would have proposed it.
To the developers, is there some ability to add rebase functionality into the code in a more convenient time in the future? Or anyway to accomplish this at a more convenient time as there are substantial benefits to KSM with the redenomination?