Dear Lisk community,
unfortunately, I have no IT-educational background (socioscientific/ philosophical). This is my first post in lisk-research. I’m not very familiar with the guidelines, so take it easy on me.
Since Lisk will have a working product pretty soon, interest and load in/ on the lisk network will grow. Projects will launch on Lisk, which will grow the ecosystem/ network. As we know, the more validators a blockchain system has, the more decentralized, robust and resilient it will be. Furthermore, a large number of delegates (validators) give incentive to become a delegate to comminity members, who have thought about becoming a delegate, but have discarded that thought due to contemporary hurdles.
It might seem a good idea to implement an increase of valodators not only once. As in opposition to the block reward reduction system, the no. of delegates could be increased, multiplied by a factor x after y blocks.
currently 101 delegates forging; after 1.000.000 blocks increase by factor 2
- block 10.000.000 -> 101 delegates
block 10.000.001 - 11.000.000 -> 202 delegates
block 11.000.001 - 12.000.000 -> 404 delegates
and so on
Max amount of delegates can be hardcapped or left open.
What do you think?