Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
The current pool forging record speaks loudly, and your "sucking delegates" are the ones who worked for ten months without any returns.
Without them there is no Lisk community.
You obviously have no idea the bash history of a delegate's node since february or what would happen if 101 nodes were handing out free lisk.
For Lisk not delegates must work, but professional highly paid programmers and experts.
We have to throw delegates in the trash, people need pools.
One OK node costs about $20 a month (2GB memory, 2 CPU at Vultr), but most of our delegates run a better node for either $40 or $80. This is necessary to A) maintain a secure and durable network and B) survive spikes in network usage. I know for a fact that many of our current delegates have multiple nodes running, most of them 3. This way if one node dies, the other kicks in. However, I also know people who run 4, 6 or 8 nodes. All of this since months since the first version of the testnet.
Now look at the facts, until now about 45,000 LSK were sold from the delegate forging rewards. That's about $7,250 and with over $100,000 in volume in 24h this is sustainable.
Lastly, don't take the current delegate distribution as a static fact. I know a lot of people who are voting accordingly to the transparency reports delegates are writing every now and then. I also know persons who are actively tracking if delegates follow their proposals. Voting is extremely dynamic, in a normal democracy you vote for a chancellor or president for 4 years. In Lisk, a (soft) plutocracy, you vote for a delegate for 17 minutes.
I read somewhere (another coin .... don't remember....) standby delegates is allowed to forge .... let's say after 101 delegates forging then allow from next 101 standby delegate to forge 2-5 (or whatever). This will not have a major impact for 101 delegates, but will mentain a more healty network. I think this will have a positive impact for LISK.
Standby delegates wouldn't be that standby anymore then, he?
In the case you described it makes more sense to just increase the number of delegates to let's say 201. That is planned, but need to be done very carefully. We also start with sidechain development soon, therefore we prefer to concentrate on one thing after another.