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RE: Gridcoin 4.0-2018 General Roadmap Poll - Securing Superblocks
There are several things here I simply do not understand.
- If this switches to only Dynamic Witness, how do I make sure my wallet gets to be one?
- What is the reward for creating a superblock in this scenario?
- how would my node communicate that it is willing to participate as a delegate?
- What is the dynamic selection process for the network to choose a subset?
Here's the problem: I'm not a programmer at all. I'm barely conversant in blockchain (learning); and I'm trying very hard to make my vote a wise vote.
Thank you for these questions! I expect there might be more in depth posts explaining DWP, but here are the short answers.
It will be either an opt-in or opt-out system, this is not yet decided. In an opt-in, you would check a box, perhaps, or enter a command in the wallet that would tell the network you want to participate. You would tell the network when you stake a block. In an opt-out, all wallets would be potential participants unless otherwise stated.
There are a few scenarios for rewards discussed so far. A superblock could be rewarded just as a normal block. If we implement CBR, perhaps a superblock is rewarded a few more GRC than a normal block. If we implement MERRC, perhaps some MERRC fees are added to superblocks. There are probably many other ideas out there. The general take-away is that there are several options that will need to be explored.
By staking a normal block.
This process is not yet completely defined as this idea is still being explored. More details can be found on the github here. One certainty is that the wallet doing the staking is intended to change regularly -- to be dynamic.
Thank you for the clarity of the answers. Now to ponder...
Now to come back to this as I vote today:
I am in favor of opt out. This will have the negative of not immediately reducing traffic, but as a positive also does not rely on every single user having a chance of not participating in something they care about because they did not understand.
Superblock rewards could, in this instance, fix the low stake weight problem by initiating payments to any who have not staked in the last month (insert alternative time period here).
No further thoughts.
I will respond to the github thread as needed.
Thank you.