Credit to noobtrader on BCT who had the original idea. Cross-posting here in case it gets buried by trolls:
This is a hell of a good question! Is this technically feasible?
If it *can* be done from a technical point-of-view, then consider that a 5% bonus to blocks mined by P2Pool would cost a maximum of roughly 4320 DASH per month ((576 blocks per day * 30 days per month * 5 DASH reward per block) * 0.05). A more realistic estimate would be about half that, because there are many miners who wouldn't switch.
A lot of people have argued with their findings, but the authors of Freakanomics and Superfreakanomics got one thing absolutely right: it's all about economic incentives. If you give a useful economic incentive to do something, people will do it.
We could even scale the size of the P2Pool bonus just like we did with masternode rewards. Try a 1% bonus first (max cost of 864 DASH). If that doesn't drive a significant number of miners to P2Pool, then go up to a 2% bonus (max cost of 1728 DASH), and so on, until 50% of our hashrate goes to P2Pool.
The real question, of course, is *can it be done?* I don't know enough about the code to know if it is possible!
This is a hell of a good question! Is this technically feasible?
If it *can* be done from a technical point-of-view, then consider that a 5% bonus to blocks mined by P2Pool would cost a maximum of roughly 4320 DASH per month ((576 blocks per day * 30 days per month * 5 DASH reward per block) * 0.05). A more realistic estimate would be about half that, because there are many miners who wouldn't switch.
A lot of people have argued with their findings, but the authors of Freakanomics and Superfreakanomics got one thing absolutely right: it's all about economic incentives. If you give a useful economic incentive to do something, people will do it.
We could even scale the size of the P2Pool bonus just like we did with masternode rewards. Try a 1% bonus first (max cost of 864 DASH). If that doesn't drive a significant number of miners to P2Pool, then go up to a 2% bonus (max cost of 1728 DASH), and so on, until 50% of our hashrate goes to P2Pool.
The real question, of course, is *can it be done?* I don't know enough about the code to know if it is possible!
