Delegates will control 70% in domain names. That is a big cake.
toast said
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* You can vote for low-pay delegates so that they receive only a small percent (10% or less) of possible pay. The rest is destroyed.
However, this is not alway true in game theory.
Suppose 1PTS stands for 1 delegate vote only, 101 delegates. For simplicity, we only consider PTS, i.e., imagine just 2,000,000 votes.
Based on Pigeonhole principle, the person who gets more than 2,000,000/101 votes will certainly be a delegate. It is about 19802 PTS.
According coinplorer, the top 12 PTS address, is able to support 14,7,4,2,2,2,2,2,2,2,1,1 delegates (totally 39 delegates or more), even these delegates set high-pay (100%), our vote can't change this.
If a PTS have several votes, AGS included. Similar things will happen.
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* You aren't just giving 101 individuals the majority - there will be more than 101 different delegates over the course of a year, and they also want what is good for the DAC and will vote for a diverse set of delegates.
Less votes for a delegate. They can support more delegates.
Toast, could any future discipline to avoid this?
Pigeon Hole Principle does not apply with Approval Voting.
With approval voting it is possible for the smallest (101-39) stake-percent to control 100% of delegates, but majority of small stakeholders has to disagree with big stakeholders
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