Dear Community,

The discussion about decentralization, more precisely distribution of mining power, has picked up over the last couple of weeks. As you probably know, WavesGo has been forging around 35–40% of all blocks over the last months and we tried to address this issue by reducing the distribution of $WGO tokens as well as introducing a commission of 10% on leasing rewards.

To sum it up, we were not successful with our countermeasures. This week we reached the critical threshold of roughly 45–50% of the Waves network. Security and decentralization are of utmost importance to us; we ask all our lessors to re-evaluate their leasing to WavesGo and strongly recommend them to consider to move their mining power to a smaller pool, preferably one with generating balance lower than 500’000 $WAVES. You can find a list of all leasing pools at http://dev.pywaves.org/generators-monthly/.

We continue to serve our lessors and thank everyone who acts in the interest of decentralization.

Best,

Kimbimlim & KarlKarlsson