liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

robinhood for delegate, 100% sharing

Sun Aug 21, 2016 12:14 pm

RobinHood 17621212458226596154L will be a delegate to mutualize forging rewards as a pool. But it's not a classic pool :

100% profit sharing
Very big voters won't be able to gain all the profits : an algorythm will cap the rewards of 'too bigs' for the profit of all others
I won't earn any lisk by maintaining this poo
l

We can call it a social pool ...

RobinHood on testnet is already in function. On this test, one voter is worthing 99.5% of all voters, but capped to 10%. Others voters are gaining the capped funds.

What for ?
My only purpose in that pool is too fix assets of non-whales holders. I shall finance it with liberspirita as delegate, with some rewards i shall keep for it and some others personal projects. I strongly recommend whales to vote on RobinHood : fixing hundreds of small assets is a garantee to see lisk value growing.

How is it working
Global infrastructure : 2 servers on testnet. 4 servers on mainnet. RobinHood will also be a strong element to secure lisk network, and not the least !
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

Re: robinhood for delegate, 100% sharing

Sun Aug 28, 2016 1:18 pm

The algorithm which will cap too big voters is :
Max_withdraw in percentage = 2 * ( 1 / Number_of_voters)

It means that, say we have 100 voters in pool,  if one voter represent 50% of all, his rewards will be capped to 2%. On a 100 LSK global forge reward, he will have only 2 LSK instead of 50, the 48 remaining LSK will reward smallers according to their respective vote power.
On the other side, a voter representing 0.5% of votes, will obtain 0.5+ (0.5% * 48)  = 0.74 LSK, so nearly 50% more than in another pool not managed by robinhood spirit !!

This algorithm is already in use on testnet robinhood pool

And votes on mainnet robinhood are opened
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

User avatar
BitBanksy
Lisker
Posts: 125
Joined: Thu Aug 11, 2016 11:30 pm

Re: robinhood for delegate, 100% sharing

Mon Sep 05, 2016 10:38 pm

I'm with you! You've got my vote :D

User avatar
gomados
Lisker
Posts: 22
Joined: Tue Jul 12, 2016 7:22 am
Location: Alicante
Contact: Website YouTube Google+

Re: robinhood for delegate, 100% sharing

Tue Sep 06, 2016 8:59 am

Appropriate name server RobinHood! you have my vote!
MainNet Delegate : liskdapps
Account : 1211389927351890512L
TestNet Delegate : liskdapps
Account : 1953320586635701865L
My Candidature

liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

Re: robinhood for delegate, 100% sharing

Wed Sep 07, 2016 8:41 pm

Just some informations how robinhood will run 7/24 : 3 servers will be involved.
Server A will be the forge leader : lisk client
Server B will backup the forge, in case or server A is falling, and will also backup server C
Server C will host the pool engine PHP, mysql, and apache for the users stats interface. Mysql database will be synchronised on server B.

This infrastructure is not yet 100% ready. At present, server B does not exist. Backup services of A and C are done respectively by C and A. Synchronisation of mysql server is not active yet, only a daily backup. But as you all know, there is nothing to be save now ...
As soon as forging is enable, C will exist.
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

Re: robinhood for delegate, 100% sharing

Sat Oct 08, 2016 8:09 am

robinhood has now its own 50000 vote power, if some delegates candidates also interested for mutual vote
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

Re: robinhood for delegate, 100% sharing

Sat Oct 08, 2016 7:24 pm

As soon as RobinHood will succeed to delegate among #101, FriarTuck will be launch. And later on, why not LittleJohn !

Of course, all this will work only if i personally succeed to promote my own delegate liberspirita, to fund and take care of RobinHood system.
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

User avatar
Poly#Crypto
Lisker
Posts: 430
Joined: Thu May 05, 2016 2:19 pm
Contact: Twitter

Re: robinhood for delegate, 100% sharing

Sat Oct 22, 2016 2:57 pm

liberspirita wrote:robinhood has now its own 50000 vote power, if some delegates candidates also interested for mutual vote


Hey

You're very committed, I like that.
However, there is some confusion. Who is to vote? Liberspirita or RobinHood or both?

Greetings Poly
polycrypto ❖ Lisker since day one ❖ 7 secure nodes - Mainnet/Testnet

My Delegate Proposal | My Transparency Reports | My Twitter | Bitcointalk Profil

liberspirita
Lisker
Posts: 17
Joined: Thu Jul 28, 2016 7:15 pm

Re: robinhood for delegate, 100% sharing

Sat Oct 22, 2016 3:25 pm

Robinhood is a pool, liberspirita it's me, running another delegate for others projects. There will be some connections between both... as robinhood won't be able to stay alive without liberspirita, and reverse is true
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Lisk supporter
2004134067472288525L Liberspirita for delegate (70% projects)
17621212458226596154L RobinHood (100% profits for supporters, mainly small holders)

User avatar
hendi
Lisker
Posts: 11
Joined: Tue Nov 22, 2016 7:57 am
Contact: Website

Re: robinhood for delegate, 100% sharing

Fri Nov 25, 2016 10:10 am

Hi, this is a great idea! Thank you for supporting Lisk!

I've voted for you and would be glad if you'd check out my proposal and consider it for a vote as well. Thank you.
Delegate name: hendi
Please check out my delegate proposal and vote for me

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