That was done in my free time to provide transparency that about them that nobody has offered yet including gaw
Even better, that makes you free Ganza developer. Why don't you spend your free time on building an ecosystem of non-scam coins that are listed on Cryptsy. Are you amused by the scam?
From my perspective.
The larger stake rate makes the staking more worth wild. 5% annually on a small portion of our allocation to customers isnt enough to get people excited about the payouts they would receive I wouldnt think. They would be dust and just annoy people.
It is not about the incentives for other people to keep their wallet stake but rather how is Cryptsy securing the network by having 100% stake wallet vis-a-vis 5%. In either case Cryptsy can just stake and scrap the staked coins.
If the staking is worth the effort its one step torwards reducing gaw and the foundations stake weight % which grants the ability for malicious activity if they wished to do that
"netstakeweight" : 5242700.47762096,
I dont think its a stretch to say that likely 80% of that comes for Gaw, The foundation and the other unknown prime controller owners. If they chose they could perform numerous dos attacks on the blockchain. Or build their own chain on the side and attempt a double spend at cryptsy or any other exchange/service.
1 Prime controller isnt going to do much. But if they distributed a lot more to a lot more people it would.
So you are acknowledging that having 1 (or even 3) PCs will actually not make the network secure because certain entities control more than 50% of network weight, i.e. the network is extremely vulnerable? Then why do you keeping XPY listed?