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Here is my code proposal for baking bonds.
This code reduces bond requirements in Granada by 50%.
Reason: My baker is over - delegated.
Logic: I will double my capacity without having to get more Tezos.
Opposition: Reducing Bonds for bakers reduces Network Security.
Additional Ideas.
Small bakers will have a better time starting out in Tezos.
Decentralization will be improved if Tezos had more baker nodes.
I will update this with more information later.
Just getting started.
Erock
June 3, 2021, 5:17pm
2
Really a bad idea, I have a problem of over delegation ergo make a fix for me and disregard the idea of integrity of the proof of stake validation.
3 Likes
gorfl
June 3, 2021, 8:04pm
3
Buy more tez. Problem solved.
2 Likes
That doesn’t solve the problem of our low baker node count.
The bond is reducing at a rate of 5% annual due to supply increase… at some point we will have to raise it again. Keeping the bond low will make it less secure.
I understand we need more in the long run.
What I am proposing is just a small boost for newly started, small bakers, that diminishes over time.
Would that be possible or do you think it will be gamed and break tezos.
1 Like