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sponsorship_system_changes [05/30/2021 13:26] – gfactor | sponsorship_system_changes [08/06/2021 22:29] – gfactor | ||
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====== Sponsorship System Changes ====== | ====== Sponsorship System Changes ====== | ||
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Here we will discuss the concerns with current sponsorship system and ideas on what changes should be voted on when the Voting System is implemented (next big development implementation on Qortal)! This page is intended to get the conversation started and prepare us to immediately move on voting as soon as the Voting System is ready (which is the next big development in this current phase 2). | Here we will discuss the concerns with current sponsorship system and ideas on what changes should be voted on when the Voting System is implemented (next big development implementation on Qortal)! This page is intended to get the conversation started and prepare us to immediately move on voting as soon as the Voting System is ready (which is the next big development in this current phase 2). | ||
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**The above are FACTS without any opinion convoluting them. Here are now the concluding thoughts by G Factor:** | **The above are FACTS without any opinion convoluting them. Here are now the concluding thoughts by G Factor:** | ||
- | The argument is often made that good people will outpace the bad with such issue. Greedy people will always be greedy people. So in reality, there will always be a way to game this honor system and ultimately will lead to a situation where block rewards are so minimal that the incentive for the good and bad to run nodes for the purpose to mint compared to genuinely supporting the network will begin to burn out. And with a slow minting production schedule and respect to the ever-increasing demand/ | + | The argument is often made that good people will outpace the bad with this issue. Greedy people will always be greedy people. So in reality, there will always be a way to game this honor system and ultimately will lead to a situation where block rewards are so minimal that the incentive for the good and bad to run nodes for the purpose to mint compared to genuinely supporting the network will begin to burn out. And with a slow minting production schedule and respect to the ever-increasing demand/ |
**Join us in the ‘Voting System’ channel in Discord for this discussion.** | **Join us in the ‘Voting System’ channel in Discord for this discussion.** |