Quote from: MalReynolds on July 21, 2016, 06:02:56 PM

Quote from: xirdo on July 21, 2016, 05:49:39 PM

Is there a list with Delegates who will share their profits with the community voters?

There was discussion about this months ago and maybe even a list somewhere. However, with forging rewards delayed and so many people drifting in and out of Lisk since launch, I personally think any existing list is not accurate anymore.

There has been a lot of discussion behind the scenes among delegate candidates about the economics of running a node. The current thinking is leaning away from "vote-bribes / pool forging" and a lot more towards giving a relatively large portion of forging rewards (say 20% or so) as "charity support" to assist blockchain app developers and their projects. By the time you add together server costs for high-quality multiple nodes (primary and backup), taxes, blockchain app support, and reasonable compensation / wages for the delegate's time in running the node - after all that, I believe there's not going to be a lot of profit to "give away". Running a node is a business proposition to keep a multi-million dollar network operational and growing, not some variation on Bitcoin mining pools.

Beware and be cautious of people promising lots of profit to voters. If you go through the numbers, there really isn't a lot of profit to share in the current DPoS structure. An Active Delegate makes around 12,000 Lisk per month for the first year. Say 100 people provide 1M votes each to a profit-sharing delegate who is "giving it all away!". That delegate now has 100% of all available Lisk votes. Everybody who voted for him now gets 1% of his income, or 120 Lisk per month on their 1M "investment". That ain't much. You got a lot less than 1M to vote with? Then you're gonna get a lot less than 120 Lisk per month.

Don't trust anybody's "profit-sharing" scheme that doesn't have a detailed budget that includes server costs, taxes, and their own compensation. If you go through the numbers, Lisk is not about free money to get rich quick. Lisk is about creating a sustainable, healthy infrastructure by running a core non-profit business relying on tax-paying participants who are paid to keep its network going.

Excellent post