Quote from: cryptomass on October 05, 2017, 07:32:26 PM

Quote from: s11made on October 05, 2017, 07:19:56 PM

Quote from: cryptomass on October 05, 2017, 06:44:42 PM

I was wondering if it's hard to program a script that airdrops coins based on how much one has in it's wallet.
Frontiers list could be used to pull the % to distribute to each wallet; and we could have DAILY airdrops, following the inflactionary scheme that is already in use for the faucet.

It would be an incentive for people to hold their coins like in POS; and exchanges that usually gather lot of coins from their users, would get an advantage listing Raiblocks as they get a lot of XRB daily.
Therefore would be easyer for us to get on bigger exchanges.

While this might be a really cool idea, it would put a lot of stress on the network and the server that handles transactions.
BUT, you could set a threshold that only accounts with >N (e.g N = 10000 XRB) get a daily payment.
Maybe you could make a weekly payment, so fewer tx would be needed.

With this solution,
- holding would be incentivised until distribution is over.
- buying more coins would be rewarded
- but it would also favour the "rich are getting richer" scheme...

Well, if the newtork is stressed for a few thousand transaction/day added by this hypotetical airdrop, then it means raiblocks is not good for a production environment.
But I think it is, and that those extra transaction won't be a problem!

As for the rich getting richer... well, POS works the same way but still widely used.

It's a lot of stress for the servers doing the POW to prevent tx spam. One tx needs ~5s POW.
We now have 120.000.000XRB.
Even if we limit the distribution to accounts with >1000XRB, there are potentially ~100.000 eligle accounts . This equals 100.000tx /day only for distribution. That's huge volume for a single server to handle.

The network should not be a problem :-)
If you don't limit eligible accounts, attackers could create many accounts with a low balance, whixh would result in even more transactions.

To put it into perspective: today there are 24*200 = 4800tx/day to do the distribution

s11made

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