Qortal Project

The future of blockchain platforms

User Tools

Site Tools

Trace:
sponsorship_system_changes

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revisionBoth sides next revision
sponsorship_system_changes [08/06/2021 22:29] – gfactorsponsorship_system_changes [12/02/2021 03:43] – gfactor
Line 18: Line 18:
   * The result is and will be two-fold: unfair block reward distribution and overpowering voting influence in the Voting System. So ultimately, both the integrity of the block rewards and voting will be compromised! Do you get the big picture!?   * The result is and will be two-fold: unfair block reward distribution and overpowering voting influence in the Voting System. So ultimately, both the integrity of the block rewards and voting will be compromised! Do you get the big picture!?
  
-**The above are FACTS without any opinion convoluting them. Here are now the concluding thoughts by G Factor:**+===== Future Modifications =====
  
-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/applicability of QORT within the system, the value of QORT will rise and shouldn’t be an issue. With that said, what changes could be implemented to help combat such bad acting? One account per node can actually be gamed by those technically inclined. We will never have KYC as we respect anonymity. We could see about a more complex system that regularly requires authentication in some form. What are your thoughts? Remember, votes will never be held for anything more than for the Dev Team to gauge the community’s interest in certain directions the Dev Team can go such as time spent implementing coin, modifying sponsorship system, block reward, etc. +Solutions are being considered for both modifying the sponsorship and minting systems. You can read more about it on the [[Future Modifications]] wiki page.
  
-**Join us in the ‘Voting System’ channel in Discord for this discussion.** 

Page Tools