I am a newbie but I studied a lot cryptocurrency during last two months.
I bought lisks on day one.
I read whitepaper and I don't want to be a delegate but I think it it's important to vote.
My question is:
Why the privilege to vote is reserved to standby delegates?
why people voting are the same people that want to be a delegate?
Maybe I don't understand properly Dpos but every lisk owner should be able to vote without paying to register.
I bought lisks on day one.
I read whitepaper and I don't want to be a delegate but I think it it's important to vote.
My question is:
Why the privilege to vote is reserved to standby delegates?
why people voting are the same people that want to be a delegate?
Maybe I don't understand properly Dpos but every lisk owner should be able to vote without paying to register.
A total of 101 delegates will run the chain for this a node have to be up lets say 90+ plus and for this you get a reward called Forging
this is 5 coins every block you forget approx. 16 minutes.
Because everyone wanna be a miner delegates can be on standby untill you have enough votes to become a active delegate top 101.
People can vote on persons that they think have something to offer to the network.
Maybe a developer or maybe a community member they like and help them , it can be everything.
You can vote for yourself but also for others and this can make the network more healthy and you can support what you like.
, Always nice too see more dutch people around.