Update Min Staking Requirement

What change was that?

It would work just as well with 300 nodes.

And maybe it will work better, considering how this gray line with network-average earnings commission has been going lately…

To put this in perspective:

  • 370 validators take 31% of all node earnings. What about the nominators? Nominators get the rest - 69%.
  • Now, let’s see: nominators nominate the 370 validators with 124 million XX for 69%. Validators have 20 million XX and take 31%.

In many cases validators and nominators are the same, but as the chart shows, the situation is not “stable” in the sense that validators take 30% more than early in the year and my post from earlier today shows how - it’s become very lucrative and tempting to serve yourself rather than the network.