Too many service nodes has security disadvantages:
- not enough stakers
- easier to create bad nodes
- less investment in the system, thus greater incentive, on balance, to act maliciously.
OK thanks for the clarification. I just have one question regarding the token requirements for node. Was it always planned to be 5k from inception and the requirement take into account that 6M of the tokens would be burned?
I see the rationale in the points you posted above, my concern is that with the rapid price rise, the members that got in at a few pennies will sell off at some point. In turn this is by far the most expensive Node/Marketcap ratio. I can see a situation where the the number of people selling off due to rapidly rising prices will not balance the amount of new nodes being created due to rapidly increasing price of the nodes. If this occurs, would the node requirements be rebalanced in the future?