Updated 17 April 2019 I first circulated this survey before the Cosmos Network launch. I circulated it again a week or so after launch. Here's a summary of the 55 responses it received. (Learn more about the Chainflow Cosmos validator and how to delegate to it here.) A few notes/…
This architecture draws on my 20+ years of experience designing large, global and mission critical network and data center architectures.…
Commission Rate - > 25% - 0.17% of total stake 20-24% - 12.74% of total stake 14-19% - 14.3% of total stake 10-13% - 34.2% of total stake 6-9% - 6.18% of total stake < 5% - 34.2% of total stake P.S. - Learn more…
Transparent operation is one of the Chainflow's core values. This page tracks updates to the Chainflow validators.…
NuCypher recently introduced a concept called the WorkLock. It's their initial proposal for "An improved token distribution model". I'm feeling optimistic to see NuCypher approach token distribution consciously and thoughtfully. It would be easier to simply follow what's been done to date. Instead, NuCypher's identified previous token distribution shortcomings and…
Validators having skin in the game increases proof of stake network security. That’s a common reason given to justify today’s staking economics. These are the same economics that encourage a rich-get-richer scenario. Some Skin Secures the Network This reasoning may hold true to a point. Yet it breaks…
An Early Cosmos Case Study I joined the Cosmos Validator Working Group when it formed in October 2017. I've participated in every test net since then. The test nets have matured to a point where governance became relevant. The validator working group has emerged to become a decentralized staking system…
You need a lot to start. Then, the more you have, the more you get. This sounds like a "rich get richer" scenario to me. It sounds like a process that consolidates wealth in the hands of a small number of large asset holders. It sounds like the inequitable balance…