Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes
by
noah tall
on 13/02/2015, 02:15:29 UTC
It looks like Mr. Spread plans to slightly adjust the parameters of the voting process:
http://spreadcointalk.org/index.php?topic=93.msg1872#msg1872
So in the next version we will get more votes per block (not just 10), and the DMs will need fewer votes to be elected/deelected. (not 30 votes in the last 60 blocks)
This will help the network go thru the voting process faster, so that it will be easier to get elected.
This is important because we need the competitive game of "kicking the weakest DM" to start as fast as possible.
At the moment it takes the small DMs much too long to be elected, and that's unfair and sabotages the competitive game.

OK, the masternodes get elected.  What do they actually do once they're elected?