I think the 2 weeks registration fee solves this. The only risk of "instant delegates" would be if someone where to amass enough to perform a 51 delegate attack. I don't think that is a real risk, or if it happens we will have much recourse anyway. It would only happen due to some really skewed incentives, though, because someone with that amount of stake would take massive losses from attacking their own investment.
Yes, this proposal was to address the idea of a 51 delegate attack more than anything else so people would "see it coming" so to speak. I think seeing it coming, and knowing that you would see it coming could have some benefit. I don't think the 2 week registration fee does anything to help but I'm definitely not convinced this is a good idea or worth doing. Just wanted to see people's thoughts.
My thoughts on this: Dilution happens over time anyway so I wouldn't be in favor of a time limit specifically before dilution happens.
TLDR - Delegates become trusted with dilution ability (over their basic 3%) after a certain amount of time in the top 101.
I think these are all steps in a positive direction. The 2 week has some value if you don't consider the downside.
The value of 2 week rule will have more value when the market cap grows and full dilution is a rather large amount. Then we are going to have huge incentives for people to carry on scamming campaigns without the 2 week fee. This has benefit of not just the chain losing money, but it prevents a certain element from coming around and making us look bad.
My belief is if we end up losing diluted funds to bad actors then it will be a small price to pay for the increased quality. We need to tie the burning action into the delegate voting screen, so that we have an average accepted income. By and large people will be producing far more value than they would in a traditional corporation. This excess value will pay for the times the chain gets scammed.
The value proposition for being a paid employee is really hurting right now. In reality we may know how it will work and I realize I am being a bit dramatic in my concerns. Yet I still feel they are valid.
I do think that this creeping delegate approval instead of 2 weeks is an exceptional idea. The marketing from this as backup system would be great (to crypto-currency geeks). If we ever have to rewind transactions, it will mean some people get screwed - this idea could really go a ways to lower the chance of this happening. You are taking a questionable idea and swapping it out with what seems like a great idea. Thats not something we can do often.