RE: RE: pfunk PeerPlays Witness Proposal
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RE: pfunk PeerPlays Witness Proposal

RE: pfunk PeerPlays Witness Proposal

Thank you for your vote of confidence!

I know the info is somewhere in those PDF's I have, but again I'm working crazy hours... do you happen to know how many witnesses can we vote for on the network?

Great question. It's actually unlimited, and there is a voting stake-weighted mechanism to determine how many witnesses will be scheduled based on the amount of concurrent witness votes stakeholders make. The minimum amount of witnesses the network needs is 11, but the cap is effectively unlimited at 1001.

It's up to stakeholders to vote on witnesses they can trust to be dedicated and act honestly. It's also up to stakeholders to vote on however many witnesses they would prefer to run the network.

Dan Larimer (@dan) has made some interesting comments on DPoS witness count, and how there is essentially a sweet spot between extreme decentralization and keeping the block producing incentives concentrated enough to have the better available people doing it. The neat thing about PeerPlays is that it's up to the stakeholders to set that amount. I'm personally very interested to see how it goes!

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