I can tell you right now what will happen: the biggest holders will monoplise the MN 'allowance' and lock everyone else out.
Wrong.
Here's the explanation why:
With darkcoin, the biggest holders get to monopolize the MN market very easily. Nobody can challenge them. Who already has MN can very easily create MORE MNs. The earnings of his already existing MNs help him buy the next MNs, etc...
But with spreadcoin, new investors can simply look up how much SPR the weakest DM has, and simply invest 1 SPR more to shut the weakest one down, and become the new weakest link.
(but this new weakest link is now 1 SPR stronger!)
It is brilliant that such a thing is made possible with spreadcoin. Because what just happened:
The new guy increased the sum of all money in all DMs by 1 SPR. So this creates a constant tendency to increase the cost of deposit for a DM, which in turn makes the amount of DMs decrease but only temporarily, because newcomers are waiting at the door, ready to enter..., so there is is a constant TURNOVER (because not every DM owner will want to keep up with the constant deposit increase)
It is horrific that darkcoin does NOT allow newcomers to enter the market AND DRIVE THE DEPOSIT PRICE UP, because that's the only thing that truly DISCOURAGES THE HORDING of DM/MN. (in effect kicking lazy DM/MN owners out of the game)
This is so brilliant, I am going to create a few animations soon to show what will potentially happen, and what the different scenarios are.
You are drawing exactly the wrong conclusions from your own argument.
Only the richest SPR holders will be able to afford Masternodes. Everyone else will be priced out with an ever-diminishing hope of ever owning one as the price rises. This is a terrible idea.
The requirement to run a DM (decentralized Masternode) will start at 1 SPR if I understood Mr.Spread correctly.
Because it is not necessary to set a minimum deposit price, much like it is not necessary to set a maximum deposit price.
It will be decided by the free market, much like bitcoin's difficulty is decided by the free market.
ONLY a maximum number of DMs must be defined.
Now let me ask you, since you say only the richest SPR holders will be able to afford DMs:
Who makes it EASIER to run a DM/MN?
Spreadcoin with a dynamic Deposit Requirement starting at 1 SPR, (letting the free market decide)
or Darkcoin who has a FIX Deposit Requirement of 1000 DRK? (Cutting out 99% of all investors from the start!!!)
