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Archived Proposals / Re: PODC TEAM REQUIREMENTS
« on: December 04, 2019, 11:44:20 AM »Since the second place in the poll (4 votes) is allowing any team with ^1.6 stake, is that option on the table? The selfish part of me wants to limit BBP earnings to just team BiblePay, but the other side says that if you want BiblePay to survive you want to expose it to any many people as possible. That's the mechanics needed to scale a product or service... so ^1.6 stake for any team seems like the better path. The ^1.6 stake is restrictive already, so why limit teams? If you do the analysis, for grcpool with a combined RAC of 749k (240k, 243k, 310k), you would need 1.4 billion to stake BBP. The exponent already limits the RAC whales (e.g. pools like grcpool, CharityEngine, boid, etc)
I agree completely in the sense that if we want to attract unlimited new users, we should allow the possibility of any team (not just GRC), if they stake the collateral.
I'm definitely open as I want the community to get what they want out of BBP.
So, I extended the deadline 7 more days.
I feel that in order to achieve this we need more votes; so my best advice is to try to drum up more votes if you would like to see this change.