Quote from: Floor on March 27, 2016, 01:02:53 PM

Want to announce my new service here, I have been in crypto for a long time and really like what Lisk is trying to do.
I wanted to contribute and develop a fully automated Lisk pool (the first?).

LiskPool.com

https://www.liskpool.com

LiskPool will reward all voters with a share of the pool rewards + fees.

Atleast 85% of the pool income will be paid to the voters 15% will be used to pay for the servers and future pool development (this might change depending on the Lisk price).

All delegates are hosted in datacenters in the EU/US.

Payouts are processed automatically when your balance reaches 10 Lisk.

Rewards are calculated based on the amount of votes for LiskPool delegates, voting for other delegates (decreases the LiskPool delegate ranking) decreases your payout.

All payouts are processed automatically to your Lisk address, all you have to do is vote for the LiskPool delegates.

LiskPool aims for multiple delegates but will never run more then 33 delegates.

LiskPool is ready now and will be available the moment Lisk launches, until then we will be stress testing our pool on our own Lisk testnet.

At launch we will start with 10 forging servers(delegates), all 33 delegate names will be registered at launch to avoid name squatting by someone else.

Questions are best asked on the LiskPool thread here: https://forum.lisk.io/viewtopic.php?f=25&t=150

I don't like the idea of such a pool because:

This is a big centralization problem! The idea of the 101 delegates is to secure the network with 101 independent and different nodes, run by 101 different people. This pool wants to run up to 33% of all delegates. Meaning, they control 33% of the complete network. What stops them to setup 50 or 80 nodes? That is exactly like a bitcoin mining pool with 33% mining power. And everybody agrees that the centralization problem is pretty severe.

The pool is buying all his votes with money. The idea of the voting model is to provide good quality service to secure the network to get voted. Not buying votes. You would't want that Trump or Hillary pays 50$ to everybody who votes for them, right?

It doesn't help to secure the network. To the contrary. It makes it much more weak. It only help the runner of the pool and it's voters to get more money.
I see not one single reason why such a pool should be implemented

See here why a lot of different individual nodes and node operators are important to guarantee a secure network:
http://forum.lisk.io/viewtopic.php?f=6&t=54#p302