Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
coolmist
on 20/01/2014, 19:52:56 UTC
Working on the math behind the voting system.

What variables do you think should be included to determine voting power?

So far I have

(This isn't in any known language, just organized in a way that people should be able to understand)
Code:
variables that are added to vote weight

account size
account age

Hypothetically let
lastblock ==1400
account creation[0]== 1400
account creation[1]== 700
account creation[2]== 100

accountSize[0]== 1,00,000
accountSize[1]== 500,000
accountSize[2]== 250,000

Let relativeAge = (lastBlock) / (accountCreation) '

therefore : relativeAge[0]= 1
relativeAge[1]= 2
relativeAge[2]=14

Let fairWeight = (accountSize)^(1/3)

therefore : fairWeight[0]= 63
fairWeight[1]= 51
fairWeight[2]=41

votingPower = (relativeAge)*(fairWeight)

votingPower[0] = 63
votingPower[1] =  102
votingPower[2] = 574