Looking back at anything that was challenging, we can always say that where we are now is “easy”, however getting to that comfortable sense of appreciation comes from a long journey, with a relentless will to succeed. These past two months have given me an experience of non other, and I would like to thank everyone in this community, especially my supporters, for giving me this incredible experience and allowing me to aid in maintaining the Ark network.

Since the inception of the node, we have forged over (~25,721.7 Ark), missed (~72 Ark), and increased node efficiency by nearly .1% to (99.71%), with the last known issue with the node occurred nearly 3 weeks ago! Suffice to say, there have been major upgrades implemented in order to maintain the optimal network stability.

Going forward, I expect nothing but improvement from my end and I hope many of my supporters can see that progress as we continue to grow as a pool.

I would like to address a concern regarding the dilution of the pool, recently I have received an exorbitant amount of popularity. Although the popularity is incredible and I am completely taken aback by it, a number of concerns were brought up regarding reduced payment. For anyone who is unaware how payouts work, I will briefly explain:

As a staker you possess an X amount of Ark.

The total volume of votes in a pool is Y amount of Ark.

In order to find out how your share of the forged Ark is calculated, you obtain X, and you divide the value by Y.

As a result you will get the percentage that your vote weighs relative to the total pool size, we’ll call that percentage, Z.

In order to determine how much you’ll get paid, simply divide Z by 100 and then multiply it by total amount of forged Ark everyday, which is 422.

Example: X = 50Ark, Y = 100 Ark, Z = 50% or .5

.5 * 422 = 211 Ark will be paid everyday, assuming total pool size is 100 Ark and your wallet size is 50 Ark.

So when the total pool size increases dramatically, your total vote weight is reduced relative to the total pool size and thus you receive less Ark over time. However, I have been considering implementing another limit aimed toward the high stake holders. Their contribution provides a significant backbone to my ability to forge, however, in order for my node to grow I need help with the issue of dilution. Thus I am suggesting the following:

Beginning December 13th (12.13.2017), total wallet size for high stake holders should not exceed 350k Ark.

— In other words, for wallets that possess 400k Ark, only 350k Ark will be counted when distributing rewards, the 50k Ark extra will aid in maintaining delegate position.

This only applies toward current high stake holders, I am not accepting any new high stake holders. Sorry.

For current high stakes holders with less than 350k Ark, don’t be alarmed. And if you have questions, concerns, or advice…please reach out! 😃

I will go about changing the proposal later this week regarding these implementations. Further changes will come toward the beginning of the new year, I will make sure to continuously update everyone throughout all media channels.

Neverthless, as many of you may be aware, I am currently running a promotion to extend 100% payout rate until 01.01.2018 if we reach 500 voters by 11.22.2017! Currently we are sitting at 492 voters! Since the second month of forging technically ends tomorrow, 11.22.2017, I have decided to post the payouts then. Please expect payouts to reach your wallet destinations tomorrow (11.22.2017) during the usual time of payout. In the event that we don’t reach 500 voters by tomorrow, please expect 95% voter share to be distributed to your designated wallet addresses in the payout on 11.25.2017.

Lastly, I would like to say “Thank you” to each and everyone of you who has helped me get to where I am today. Even if we don’t reach 500 voters by tomorrow, you guys are truly an awesome community and I am humbled to be your delegate. I will make sure to continue provide you with the same stellar service as I have thus far. Expect more future updates to come very soon, and if you need me for any reason, don’t hesitate to reach out!

Kind regards,

Del

Ark is a voyage, join me and together we will reap the rewards of this great journey.

Vote: Del