Quote from: thelonecrouton on January 08, 2015, 11:41:27 PM

Quote from: defunctec on January 08, 2015, 11:34:53 PM

Quote from: thelonecrouton on January 08, 2015, 11:22:19 PM

Quote from: defunctec on January 08, 2015, 11:12:49 PM

Wait wait, your saying dynamic is for the rich but static is not?

Imagine this

Darkcoins MarketCap = $9,000,000,000. The cost of a DRk MN at this marketcap? around $340,000... Hey, poor people see you can just set a DRK MN up with your $340,000.

But you say SPR's method "favers the rich".

Edit: By the way, I'm pulling the dollar figures out my backside, but are not far off.

Yes it favours the rich, because my DRK MNs can't be bought out from underneath me.

With dynamic pricing my SPR MNs could be, repeatedly, by anyone with a few SPR more than me, so I may not even bother to begin with.

At least with DRK you can pool together with others and own a MN share. Nobody is going to go to the trouble though with SPR if it can be taken away by the next passing whale with deeper pockets than you and your partners.

Again i understand that you can be "taken out", but this will only happen to the opportunist's who seek as many MN's as they can with there current holdings.

So at the start someone will be able to make a masternode with 1spr, but someone can knock him off by having 2spr. Is that bad, no.

What about someone with 500spr in a MN? Well to be kicked from the network (at 3000 total slots in the list) there would need to be around 1.5million spr alocated to MN's.

To have 51% of the MN's you would need around 750,000 spr. Say 7 people had 51% of the coin supply between them (100,000spr each) and created MN's with those coins, its still not a monopoly.

7 heavily financially invested individuals, yes please.

So why not call it a 500 SPR requirement and a 3000 MN cap and leave it at that? What advantage does dynamic pricing bring?

This would lock down the list. No competition to enter the list once its full.
I don't like the sound of that.

It breads a whole new market place. Like miners jumping to different coins for profit (not the best example to give to yourself Tongue

), spr holders will denominate their holdings to the minimum amount they can before getting kicked of the list. And if someone doesn't want all that stress they can just fund their accounts higher, say 1000 and be comfortable in the knowledge your masternode will be live for at least 2 hours Tongue

.

It also sets a "fair" market price for entry into the market, weather you like it or not its a free market(with 1 rule(max amount MN preset,thats it.)).

Will big money enter the market and buy up lots of spr? I hope so! I don't worry about a small group buying alot of coins as i don't think its possible to monopolize the network (going with the figures i presented).