Whale-Proof, Faucet Promo, Giving Thanks

biz_network Blocked Unblock Follow Following Nov 22, 2017

Five months ago today, biz_classic became a registered delegate on the Ark network. We started with the goal of being the delegate for the humble holder, the smaller wallets. We wanted to create a delegate that wasn’t at risk of dropping out on the whim of a few larger voters, or to be a delegate that was only forging because of whales. We’ve been so successful at this goal that we’ve never dropped out of forging and became the single most secure delegates in the ecosystem.

How do we know this? We ran the numbers! If our top 74 wallets all left at the time of this post, we would still be forging. Why is this a big deal? The next most stable delegate can only stand to lose 39 of their top voters. That’s a difference of nearly two-fold! By the time you go down to the fifth most stable delegate, that number drops to under 20, and drops off rapidly to just three once you get down to the 12th most stable. The vast majority of delegates will drop out after just their top voter or two leaves! Our stability is only possible because our voters hold far less ARK individually but are larger in number. Our largest voter has less than 27,000 ARK. Compare that to the next most stable delegate, whose largest voter has over 150,000 ARK!

It’s safe to say that we’ve become the delegate of the people. We wouldn’t be here without the tremendous amount of support our voters have given us. It’s the season of giving thanks, and to thank all our amazing voters as well as the Ark community as a whole for giving us the opportunity to run such a fantastic delegate (two delegates, even!), we are reducing the cooldown on the Ark community faucet to 30 minutes for everyone. This promotion starts right now, and will run through the next 48 hours, ending after the 24th of November (EST). In addition to the reduced faucet cool down, we will also be extending the increased payout table for an additional 48 hours. If you don’t have the faucet link memorized by now, you can check it out here!

Happy Thanksgiving and Happy Holidays from all of us at the biz_network!