I would like to make a protocol change proposal in regards to Baking Security Deposit change.
There have been some changes to baking being proposed in the Granada proposal with Emmy*.
I feel reducing the Baking Bonds by 50% would help smaller bakers compete with big bakers.
Reduced bonds would also encourage new bakers to get into the business of baking.
Emmy* is proposing to increase Block Baking security deposit to 640xtz from 512xtz.
If I wanted to make another proposal that would adjust the Emmy* proposal to 320xtz for Blocks, and .125 for Endorsements what do I need to do?
I see where the code needs to be changed. /src/proto_010_PtGRANAD\lib_protocol\raw_context.ml
block_security_deposit = Tez_repr.(mul_exn one 320);
endorsement_security_deposit = Tez_repr.(mul_exn one_cent 125);
block_security_deposit = Tez.(mul_exn one 320);
endorsement_security_deposit = Tez.(mul_exn one_cent 125);
./tezos-client submit proposals for sebuhnet [proposal…]
So in that last part the [proposal…] is where I am not sure about.
I have to make my proposals build and then start another protocol testnet. make the genesis block. start baking on the testnet. probably do this in sandboxed mode to see what happens.
have my node run in multinetwork mode.
I am going to try this out starting next week. If anyone has information on how to start the testnet with a new protocol id love to have the information.
So far i have found these documents that have helpful information.
Here is my Repo with the changes I have made to reduce the Bonds by 50%.