1/4
#cardano needs pool ranking mechanism - but just NOT the one we all think it really needs.

$ada #stakepools need ranking based on what I refer to as:
"d-index,"
which ranks pools based primarily on how much they contribute to the decentralised nature of the network.
#cardano needs pool ranking mechanism - but just NOT the one we all think it really needs.


$ada #stakepools need ranking based on what I refer to as:
"d-index,"
which ranks pools based primarily on how much they contribute to the decentralised nature of the network.
2/4
Since we all know that all k pools will even out over the long-run in terms of stake returns - we need to look beyond this arbitrary incentive program to ensure desired variety.
Network doesn't really need 10 operators running 100 pools each to saturate k number of pools.
Since we all know that all k pools will even out over the long-run in terms of stake returns - we need to look beyond this arbitrary incentive program to ensure desired variety.
Network doesn't really need 10 operators running 100 pools each to saturate k number of pools.
3/4
It is rather safe to assume that we are better off with more operators running less pools each instead (following the logic - 1000:1).
The assumption is that these operators are competent because they are able to produce desirable rewards to delegators in the first place.
It is rather safe to assume that we are better off with more operators running less pools each instead (following the logic - 1000:1).
The assumption is that these operators are competent because they are able to produce desirable rewards to delegators in the first place.
4/4
I am open to suggestions to say what and how such "d-index" could be calculated most accurately without creating massive barrier to entry either.
This could be with regards to # of pools operated, total # of unique delegators, or to the amount of pledge delegated.
I am open to suggestions to say what and how such "d-index" could be calculated most accurately without creating massive barrier to entry either.
This could be with regards to # of pools operated, total # of unique delegators, or to the amount of pledge delegated.