Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
Titomanereal
on 26/11/2016, 15:38:50 UTC

Votes do matter. In some cases a notary node might cost $300 - 500 / month, and those could not be set up without winning a spot with 80-100 % subsidy.

Also some nodes won't get elected even if they need only 0 % subsidy, because we have a maximum number of 16 notary nodes per region. Right now there are 20 notary node participants in EU region and 21 notary node participants in NA region. If you don't get enough votes, you won't get elected.

In these first elections when Komodo is quite unknown and there is a lot of uncertainty the elections are not that big of a thing. Majority of the participants will get elected. However, if the KMD price rises above $0.25 the situation will be very different. Thus there might be a lot of competition in the future elections, and a lot more campaigning done by the notary node candidates.

I come to understand what he says.

But with his idea of elections
A much more obvious example.

90% subsidy remaining after the 7th node.
8th node 420000 votes 100% subsidy
9th node   39000 votes  90% subsidy

Winner on 9th when he does not have 10%  of votes than 8th. The subsidy becomes the most important point.



This seems very unfair neither democratic to me.