One question to you guys. If we now have your system and a group with 20% of all LISK. These guys can now split the 20% LISK between 20 accounts and vote 20 delegates into the top 101, which will stay there forever.
Where is my thinking error? The current system would be much better, because it could prevent it. Your system couldn't do anything.
Yes you are right, but the cost would be 20% of Lisk to grab 20 spots, instead of 1% to grab 20 spots
Edit: the percentage i mention is only example, it not based on actual supply in circulation.