When DRK hits $100 a masternode will be worth 100,000 bucks
Who will risk running such a server besides security geniuses?
Could this become an issue. will future masternodes require less DRK?
Who will risk running such a server besides security geniuses?
Could this become an issue. will future masternodes require less DRK?
Evan said he is not considering lowering the DRK requirement for masternode. 1000DRK is reasonable enough and will make the 51% attack harder in the end
What we need next is someone with some programming talent to make a site like a pool, but you buy shares of a masternode. So when masternodes are much more expensive, they could still be divided down to a reasonable level. This would also allow someone who was not computer savvy to invest in masternodes, which is optimal.
I suggest the software not be based on anything existing, so it could become a darkcoin advantage over the competition. It seems pretty simple though, you buy shares for 1DRK, then it has some screens for stats and it pays out dividends much like MPOS.
Would that not in a way centralise the masternodes?
I don't think so, you share only one masternode in a server not all of them.
Plus, remember the people that have 1000 drk plus will set up their masternodes regardless without the use of such a service. So the idea will only add to the total number of masternodes. Ergo, decentralization will be as good as it was without this multipool type masternode service maybe a little better.
I think we'll always have 70-80% of the masternodes operated by individuals even after they're really expensive to run. But when they get that expensive, it would be nice to have some kind of alternative for investors/supporters. It also increases the overall capitalization of the masternode network, which is really good for the coin. Otherwise this is going to become something just for large investors really quick, so I think it's a good compromise.
PS, masternode centralization in the future doesn't cause any problems for darkcoin. I have 2 possible solutions to evaluate for V2 of darksend (ring signatures and encrypted system where the users themselves do the joining relayed through the masternodes.) . Both of these make the masternodes unaware of who is sending money to whom, so centralization isn't an issue at that point.
