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
I agree on raising the 24hr minimum. I just wanted to clarify something. It's not just 10% for a budget to pass.
Quote from wiki: "Budgets are proposals which receive 10% of the possible votes (currently about 350 out of 3500)
. "
I think raising the 24hr minimum will do the trick.