IMHO,. Iconomi deserves its own blockcain. Why couldn't a separate blockchain interact with an ethereum smart contract? Then expand the platform's limits with DApp development. And give investors the option to choose how individual dividends are paid whether it be Lisk or Eth. Why put 3500 *+ investor's trust and value at risk (especially fiat investors) because Iconomi's success is currently dependent on Ethereum. Stratis released its own blockchain built to create private blockchains for a fraction of Iconomi's ICO investments. If others understand where I'm getting at... I think its fair to vote on a better solution such as an independent blockchain. And do this by treating every account as a delegate. Personally I would rather wait until Iconomi has the best opportunity to go public then go out on a limb with Ethers current status on work load stability. I bet we would have easily seen 21000 BTC if the DAO hack never happened...
PS: I really like the idea behind Iconomi but I'd rather get dividends in lisk.
Ethereum:
- consistent $4MM+ daily trade volume can easily absorb $10k to $100k+ worth of dividends going out every week
- most nodes out of any crypto (7000+) means very decentralized network
- cost of sending out 6000 dividend transactions every week
on ethereum: 2.5 minutes and 13.5 ETH ($160)
on bitcoin: 30 minutes and 1.5 BTC ($960)
- 2nd highest hashrate of any crypto (6 TH/s) means very hard to alter a transaction once it has been written to blockchain
As you can see, Ethereum is currently the only blockchain where it is feasible to launch a huge, dividend-paying project on. Ethereum is the only blockchain with a history of supporting tokens on its' chain with $100+ million market cap.
Better to pay ethereum miners fees to use their network, than it would be to pay several developers to maintain a new ICN chain, which would be more centralized and less secure than ethereum.
Now Iconomi can focus on fund management and building fund management platform, instead of wasting time and money trying to maintain and grow a blockchain.
This sums up pretty much all the reasons! Thank you MoveCrypto.