Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
Kushedout
on 13/03/2016, 17:48:29 UTC
Quote from: favdesu on March 13, 2016, 05:45:21 PM
Quote from: Kushedout on March 13, 2016, 05:39:48 PM
Quote from: LiskHQ on March 13, 2016, 05:06:45 PM
Quote from: Kushedout on March 13, 2016, 05:01:50 PM
Lets say 5 to 10 whales have enough supply to grab sit #80 that means all they have to do is put the same weight on 21 more delegates of choice and they will also have sit 81-101.

I hope you saw my post on the last page?

I did, there was nothing in-regards to my statement above.  My concern is not for a "51%" attack. Its the fairness of delegation system.

If a group of whales coordinate and put all their voting weight on a specific delegate to get him spot #80, that means they have the ability to do the same for spot 81-101.  The closer they get to #1 spot the more delegate spots they will own.

so even if this would happen. those people would own a huge stake in lisk and a profound interest in its success.

If the voting weight was split between selected delegates instead of same weight applied to all selected delegates, there would be more incentive for said whales to accumulate more Lisk to grab more spots and in-process have greater profound interest in its success.  lets put it this way, if they get spot #80, they get addition 21 spots for the price of one.