[PROPOSAL] POW Incentives For Network Efficiency and Reward Parity

Introduction In recent discussions with close to a third of the ATOM validator set, it has come to light that 15 validators are already harnessing underutilized resources to mine ZEPHYR, a proof-of-work coin. This practice, initially an organic development, highlighted an opportunity for network efficiency enhancement and a fairer distribution of incentives. This proposal aims to formalize this emerging trend into a universal standard, benefiting the ATOM network. Background Validators in the lower half of the active validator set on the ATOM network possess extra bandwidth that remains dormant, rendering parts of the network inefficient. This proposal suggests that these validators utilize their excess capacity to mine ZEPHYR. Not only does this approach mitigate the inefficiency, but it also aligns with community-driven initiatives spearheaded by contributors like Larry, who have been vocal about similar practices. Rationale • Compute Power Utilization : Currently, the ATOM network does not demand high compute power usage, especially outside peak periods. By diverting this dormant energy towards ZEPHYR mining, we can significantly enhance capital efficiency. •…

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Thank you for your scam proposal, there is no interest for the Hub or the validators to put ressources on it.

Best.

Thank you for this feedback StakeLab.

Although you may not support the solutions put forth in the draft proposal above, we’ve seen growing support both publicly and privately from the smaller validators.

Moreover, your own position in the top half of the validator set, with over $13mm assets staked, has placed you in a position that some interpret as a “walled garden”.

no interest for the Hub or the validators

We don’t appreciate your response in that it purports to speak for/represent those in a less fortunate position than StakeLab, and we find it quite anti-democratic that you should speak on the behalf of all others in such a large network.