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Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
coolmist
on
20/01/2014, 23:12:46 UTC
Quote from: kunibopl on January 20, 2014, 11:05:29 PM
Quote from: okaynow on January 20, 2014, 08:53:52 PM
please explain why does a bigger wallet has to have more saying than a small wallet.
please provide ONE mathematical model, that would not be gamed in favor of the big stakeholders.
do it and we will be all ears!
votingweight = ( 1 / similarity ) ^ (4/3) * (accountbalance)^(1/3) * (accountage)^2 (timesvoted)^(3/2)
gamed in favor of Account Age, previous amount of votes cast on issues, and moderately by account balance.
Similarity prevents a large account being split into smaller accounts.
I will explain similarity if anyone is interested...