If you have millions of Tek, you can afford to split a sizeable portion into masses of 1k+ blocks and still punch heavy with big stakers. That makes staking skewed in the favour of the larger account holders. It shouldn't be too difficult for anyone who is proficient in putting a command line together to recombine and split back into 1k+ stakes.
Regarding the proposal of a reduced rate of interest of 5% for others, we should be prepared to take that medicine ourselves ... 5% for all, and a timetabled sliding scale leading towards it. How would that go down with all you high rollers? That wouldn't solve the microstaking issue, but it would go a long way to putting a break on the coin supply.
So, that's three so far who have come out in favour of the <1k barrier. Not many.
Nobody, out of the millions of people worldwide, has yet come out totally against linking difficulty to the coin supply, so it looks like that solution is way ahead (see how things can be skewed the other way
).
So let's hear it from those who are against the %/coin supply link. Knowing that, I suggest we then look at what else could be viable, including <1k+.
I have said before, that as a large holder, I am in favor of controlling inflation, even if it means lowering the interest rate.
If you took a million TEK and broke it into 1000 Tek blocks, you would have 1000 of them. A few larger holders staking that way, and you have micro-staking all over again. Just on a larger scale. This is a stop gap at best.
Lets face it, at current prices, 1000Tek is worth a whopping .80 cents US. I really don't think 'the poor' who have less then 1000 are going to be complaining much. Dig into your penny bank and bring up your stock of coin, or don't invest in TEK. That being said the <1000 threshold is not going to work for the reason above. We need a better solution.
So ideas. 1) Stake amount is based on how long you wait for maturity. If we go to a flat rate, we could give a bonus for leaving it in a wallet longer. Such as, 10% if you stake in 30 days, 25% if in 60 or more? And no difficulty. just round numbers and throwing out ideas. 2) if you attach to supply, how is it regulated? Any way to attach percentage to trade volume? As long as volume is up so is interest? When it drops, so does interest?
The quandary here is: if we cut the stake too much, nobody will want the coin. If we don't cut it enough, runaway inflation and nobody will want the coin. The other thing I would like to see fixed is the ability for someone to game the system. This is happening with the difficulty situation, we need to nip this once and for all.
