I predicted the second elections will be a lot more competitive, it seems I will be right.

Notaries are currently grossing about $100 per day and this is a nice reward for all the work they put in to get to where we are today. They all took a risk that they might just barely cover costs for all their troubles, but the upside is to have the income increasing without any cost increase.

The quick response of the notaries allowed us to detect and thwart attacks and in general keep the blocks generated smoothly. Moving forward, I think the community will be scrutinizing the actual contributions that each notary makes and vote accordingly.

There are many ways to contribute and one of the most important is by being a developer. We are looking for more devs and while I cannot promise that an active and productive dev will win a notary spot, I can say that they have a very good chance of being elected.

The formula is that a notary node makes about 80x the price of KMD per day, so as the price keeps going up, this starts becoming real money. What if KMD had a few dozen devs who never had to worry about money and could just code cool things for KMD?