I definitely agree that people with less than 1000 Dash should be able to earn interest and vote. That will give a bigger incentive for people to buy Dash. And it wil avoid the problem that all decisions are made by rich people in western countries. If we want to capture a worldwide market, we need a worldwide governance system.
However, I don't agree that decreasing the masternode collateral is necessarily the right way to do this. We already have 4.500 masternodes, and there is absolutely no need for 45.000 of them right now. Also, running a masternode is extremely complicated for nontechnical people. I think savings accounts with interest and voting rights are a much better solution to this problem. Is there any information how exactly this will work in Evolution?
Agreed that lowering masternode price doesn't solve the problem. And I might have an idea to fix it.
Let me know what you think maybe pros/cons
Iv come to a realization, Why collateralized nodes? Maybe there is no reason to do so. We actually are limiting the amount of nodes we can have limiting our scalability.
more nodes is definitely good for the network if we introduce a design where the transaction will take the quickest and cheapest route throughout the network. So rather you may have 5 nodes running in your city along with a miner and your transaction doesn't need to travel all the way across the world to be confirmed which makes sense. This could possibly cut instant send price down by at least 10x and cost lowered dramatically. This also creates a competitive market to introduce a node for the community to use.
(This system has been introduced in other Cryptocurrencies already)
With non collateralized nodes how would we vote? Well right now we have implemented a 2 tier system, made of nodes and miners. I believe we have a 3 tier system made of nodes, miners, and users. All 3 are important and without 1 of those 3 we fall.
Maybe the right thing to do is to allow all 3 to have a vote for full total consensus. Miners vote using average hash rate, nodes with amount of nodes and users with the amount of Dash.
Just a concept, maybe voting by nodes and miners will only be to see if the network will switch over so we can make sure we have consensous and users will vote on proposals and also if they to would switch to a new network as well.