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RE: Why I am Very Disappointed by the Upcoming V8 Removal of the Magnitude Component of the Gridcoin Staking Weight

in #gridcoin7 years ago

Solo investors will stake more frequently, the pool will likely stake less frequently however they no doubt have enough grc in reserves to stake with in a timely fashion.

Switching from pool to solo -> the point is to help secure the network yourself, getting voting rights, maximum decentralization.

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If you're in it to mine and earn coins none of that really matters. the voting power is minimal compared to the big guy. Users won't mine if they don't think it's secure. Decentralization follows the same reasoning. What's the reward for helping securing/decentralization with V8?
Edit: is that the 1.5 % apr?

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