Not only is the budget a tax... if you do not own a MN, you have "taxation without representation"
Exactly. This is turning out the be Evan's own piggy bank given he has enough votes to do 10% of the network.
Why else would evan want the % to be so low.
10% is not "consensus"....it is called EVAN or OTOH.
This is the situation I would like to avoid with a minor change in the protocol.
If Evan does in fact own 500+ MNs, he could create a vote 24hrs before a super block, vote it up to 500:0 immediately, and let a few lemmings follow... pretty much guarantees the vote will pass and payout before half the MNs even see it (read: have an opportunity to vote)... That is a BAD situation, and there is no reason to have it as a possibility...
24hr minimum and 10% are a bad combination, at least one of those 2 NEEDS to change
Evan does not own 500+ nodes. Otoh our largest investor currently owns about 430 nodes as he divested a big portion of his nodes in favor of more distribution and a healthier network, also giving new whales the opportunity to buy in. Having said that, I don't see why the minimum age for a proposal could not be changed to 48 or 72 hours to always give the network more time. I think that is a really good suggestion.