This will probably be the last time I try to explain this. You do NOT need $1000 worth of GRC to stake every day. With the current net weight you are estimated to stake daily with a balance of 10k GRC, which is closer to $322. If you actually have a need to stake daily. If you can get away with weekly staking you need $46 worth of GRC. Take a look at
my stats for before and after V8 (2017-09-01). IIRC the days before and after averaged to exactly the same amount of stakes.
Okay, I admit my rough estimation was too rough. But the current net weight staying low because the buggy windows wallet crashes all the time, people are too lazy to restart it, once it get fixed you will need far more than 300 bucks. I am afraid of what's gonna happen when team requirement will be no longer necessary... so in mine opinion v8 stake engine is not good and something new should be created.
Good or not, it had to be released to tackle the security issues. And also, remember that before V8 you were stake competing against
other peoples' mag.
pomegranate currently has 12667 mag and
dutch has 4562. Split either of their wallets into 1 GRC UTXOs and what's going to happen to the net weight? Or even just 100 UTXOs each? Additionally, most of the people I've talked to stake about as much as with V3.
The crashes (which were actually fallback restart attempts) have been fixed in the version which was just merged to staging for release test. I would be surprised if we even see a tiny increase in the net weight after it is released.
I'm not worried about staking daily - but having to keep ANY coin around rather than being able to use it to pay electric bills or fund expansion is VERY irritating - and having to keep weeks or months worth of coin on hand to even manage to stake once in a WEEK is excessive.
That's speaking as one of the biggest Gridcoin earners in existence (Like I said, I'm Top 15 on magnitude) - folks that only pull in a couple coins a day ARE going to need years worth of income to stake more often than the "6 month cutoff" which is a TOTAL WASTE for them.
The point is that the whole "have to keep tons of GRC around just to be ABLE to get paid for your RESEARCH WORK" is total violation of the whole basic concept that Gridcoin is supposed to be SUPPORTING THE RESEARCHERS.
