I made a suggestion on how we might pay the masternodes, but InternetApe said it would be too much centralization. However, I think he is wrong. But I'll put it out here and see what you all think? Maybe you can explain to me where I'm going wrong 
I realized that the reason we don't pay each masternodes a share of the 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want.
But what if an account - no, call it a secondary blockchain that is volatile, as it would be dumped once it completes it's task. This thing keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% of the mining rewards. Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.
Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh. Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made so it doesn't clog up the blockchain.
Do you all think this is centralized? I think it's no more centralized than any single transaction, unless I'm missing something?
I think maybe the way I explain it isn't working, but if we were to talk about it here, the concept could be clarified? Or maybe it is a trash idea, and you all can tell me to give up the ghost, LOL Thanks for looking! :tongue:
I realized that the reason we don't pay each masternodes a share of the 20% block reward is because there are so many masternodes, and to do hundreds or thousands of transactions for each block would obviously bulk up the block chain, not something anyone would want.
But what if an account - no, call it a secondary blockchain that is volatile, as it would be dumped once it completes it's task. This thing keeps track of each available masternode, for each block, awarding them a share if they were available, and then also collects the 20% of the mining rewards. Then once a day, this account pays all the masternodes at once, with one transaction, a percentage of the purse depending on how many shares each masternode submits, kind of like a pool.
Once the payment is made, the account is cleared, all the tallying for the day is deleted and the system starts afresh. Every wallet would process this information, keeping a copy of it, like the blockchain, except that it is volatile information, and it goes away once the payout is made so it doesn't clog up the blockchain.
Do you all think this is centralized? I think it's no more centralized than any single transaction, unless I'm missing something?
I think maybe the way I explain it isn't working, but if we were to talk about it here, the concept could be clarified? Or maybe it is a trash idea, and you all can tell me to give up the ghost, LOL Thanks for looking! :tongue:
