I think Bitshares-X is a promising technology. To mine Bitshares-x you must become a delegate and validate transactions. To become a delegate, you must receive votes from a portion of the bitshares-x stakeholders.
Here is my proposal for an LTBcoin friendly delegate:
- I will set up a new bitshares-x account and register as a delegate
- I will set a 90% pay rate (burning 10%)
- I will run a delegate on a dedicated server running on Amazon EC2
- I will maintain this server and update the delegate software as needed
- With all the profits I receive from the delegate, I will buy LTBcoin at the current market rate and hold it for at least one year.
Before I do this, I want to see if there is enough interest to make a go of it.
It looks like I will need about 105,000,000 BTSX holders to approve this delegate for it to become an active delegate in the network.
Are there any BitsharesX holders here who would be interested in supporting such an effort?
