Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
Big Naturals
on 10/02/2018, 02:26:21 UTC
Quote from: acdc on February 10, 2018, 02:08:36 AM
Quote from: Big Naturals on February 10, 2018, 02:03:42 AM
Quote from: acdc on February 10, 2018, 01:58:22 AM
Define "leeches"

Someone who got elected last year using mostly votes from other KMD holders, who pays someone to manage their notary, and who doesn't contribute much to the community.

@10USD those people are earning 150K USD a year (less fees) for doing very little, risking very little, and contributing very little.

Yep, that's a Leech lol

How many are there? Lucky bastards  Grin

DYOR, not sure if it's possible to determine who voted for whom last time, if there are leeches they'll only survive if their node stays in the top 30. A smart node manager might make sure their node drops to the bottom 30 next election, so they have to campaign again.

The real power lies firstly with the KMD holders, and secondly with the skilled guys who can run nodes, so chances are those two groups work together to remove leeches.

It shouldn't be personal though, those guys were following jl777 in the early adopter phase, they supported the project and who can blame them for getting elected when we all had the chance but it obviously can't last forever.

Pro tip: If you're running a node for a non-whale who's paying you fees ... you can negotiate a better deal, he needs you more than you need him lol