I would like to introduce to everyone the group I have created (PJS Group) Invites (
http://104.251.215.201:3000/) (PJS_Group official Chat)
In order to Sign up to the group, anyone can join (PJS_Group official Chat)
Basic Concept:
The idea of having a large group where anyone can join no matter how much weight they currently hold.
Since each node is limited to 101 votes, we will use the first node with naming PJS1
Each person that wants to join the group needs to cast a vote to this node and notify the community they have done so, once verified this person will be added to a list (lists will consist of 101 names and can be as many lists as possible)
The first 100 people to join the group will have their names voted for on the second PJS2 node.
the second hundred people to join will have their names voted for on PJS3 node and so on.
Once the first node become elegible for forging, funds will be transfered daily or weekly depending on the community decision (each node can be different) to PJS2 where weight will start to accumulate and spread out to the first 101 people that joined.
Another concept would be to have these accounts first set up with one passphrase, and as each node and group member gets matched and fulled, the 101 placed delegates assigned to that node will be able to create the second passphrase, giving that node over to the 101 with complete control. and doing so with the rest and spreading out the ownership.
If at any point a group of nodes decides to cash out the amount, the server can just be excluded from voting and others take its place, this will also help ensure a continuous line of production.
The idea behind this is to have a node that can only accumulate weight, Once this node has enough weight, it can be used to vote the first 101 people in. The rules we would like to stick to here, the 101 people that have this nodes weight need to send 80% of their forged weight to PJS3 node so that it can start accumulating for the next 101 people.
i understand this concept might seem like it will take forever to fill, however since the first node doesnt have restrictions on how many people can vote for it, voting can happen pretty fast and start to fill out PJS2 node.
The first node will also vote for all other nodes.
I am looking for people to join this group and help make a success, everyone is welcome to join and work together.
Also the first 101 people that join will also own 80% of all funds in PSJ2 ( a group decision can be made at any time to completely exit the cycle, making the next node fall in line.
the whole idea behind this concept it to make Lisk as Decentralized as possible and not allow whales, and big stake holders to manipulate the network.
The General Idea is to have 5 or more Forging delegates that sponsor the rest of the group that have joined, with their respective group members being in charge of the node they belong to.
Over time these nodes will provide valuable power strong points that allows the process to continue while listed delegates get to keep 20% of forged funds while the rest is contributed back to the network (they will still have access to this 80%. but as a whole group of 101 decision makers)
This also increases the power points where income for the whole group can be constant.
I will upload some pictures of the idea so that it can be seen in vision form
http://imgur.com/gallery/SupY9.
Please join the chat link and share your opinion.
