Once again "pooled staking" isn't "required in NXT".
It is and I already explained why. Claiming pooled staking isn't required in NXT is like claiming pooled mining isn't required in Bitcoin. You can only claim it's not required while the coin is in it's infancy, not the endgame.
You cannot "audit" under the table dealings and secret arrangements between delegates.
That's called collusion and affects all three systems: PoW, PoS, and DPoS. Claiming collusion can only happen in DPoS is borderline comedy. Here's some differences for PoW vs DPoS collusion, which also affect PoS:
Quote
There are two kinds of attacks that apply to POW and DPOS:
(1) "Malicious campaigning": A mining pool can attract miners only in order to attack. Equally a delegate can attract stakeholder votes only in order to attack.
(2) "Bribing": One can try to bribe mining pool operators and delegates with the same potential for harm. In both cases stakeholders respectively miners can switch delegates respectively mining pools if the bribe attack becomes apparent.
The differences are:
(a) There are more delegates to bribe or campaign for than there are mining pools.
(b) Delegates have made a commitment to work in the interest of stakeholders whereas mining pool operators work in the interest of miners who's first interest is not necessarily the health of the Bitcoin network.
(c) Mining / POW is less efficient in terms of costs per security gained which in the end has to be paid by the user or by inflation / creating new coins although this is very difficult to estimate. What has to be compared is energy costs and mining hardware costs on the one side (POW) vs. voter attention costs minus the bigger number of block producers (more security), minus the extra security through the advantages of reputation and commitment, see above (DPOS)."
Source: http://consensus-analytics.com/
(1) "Malicious campaigning": A mining pool can attract miners only in order to attack. Equally a delegate can attract stakeholder votes only in order to attack.
(2) "Bribing": One can try to bribe mining pool operators and delegates with the same potential for harm. In both cases stakeholders respectively miners can switch delegates respectively mining pools if the bribe attack becomes apparent.
The differences are:
(a) There are more delegates to bribe or campaign for than there are mining pools.
(b) Delegates have made a commitment to work in the interest of stakeholders whereas mining pool operators work in the interest of miners who's first interest is not necessarily the health of the Bitcoin network.
(c) Mining / POW is less efficient in terms of costs per security gained which in the end has to be paid by the user or by inflation / creating new coins although this is very difficult to estimate. What has to be compared is energy costs and mining hardware costs on the one side (POW) vs. voter attention costs minus the bigger number of block producers (more security), minus the extra security through the advantages of reputation and commitment, see above (DPOS)."
Source: http://consensus-analytics.com/
It's been proven that a very small amount of the Bitshares' shareholders can effectively control the entire delegate selection process through strategic voting.
http://www.fairvote.org/research-and-analysis/blog/why-approval-voting-is-unworkable-in-contested-elections/
http://www.fairvote.org/research-and-analysis/blog/why-approval-voting-is-unworkable-in-contested-elections/
Your ridiculous link is entirely based on examples of a single winner election, not several people. It also goes onto state that all voting systems are flawed. Try harder attempting to turn opinion into facts next time.
currently 216 forgers independently operating on the NXT network[/url].
Lol, what a distortion of reality. You have the equivalent of a DPoS network of 20 people in that, while the rest are people who get blocks so infrequently they don't even matter because like I said earlier: All that matters is how often the top block producers are validating blocks in relation to each other.
The further time goes by, the more that mining pool chart will look like the current Bitcoin pool chart as well.
But let's get to the real point of why you do so much NXT shilling:
