Here are the top 15 inactive validators. Before I continue, just to be upfront I am one of these in the list.
The Validators that I know of/about and also feel like they are good for the network are:
- Forbole
- Cros-nest
- NodeStake
- Cosmos Spaces
I’ve excluded myself due to bias.
Validators not in the top 15 that would be good to help encourage from adding 15 slots:
I’m pretty sure the above two would place in capital to come up on top of the current 15 in the list.
That gives roughly 7 top notch validators being added that do add and contribute to the community AFAIK.
Forbole developed the Big Dipper Explorer, which is what Mars Explorer uses.
I’ve been helping with Ping.pub and a few other side projects.
A couple of these validators add RPC/API endpoints as well as extra Relaying. I find this to be in our benefit.
One risk I see is Classy being able to join. He uses a VaaS, Allnodes, which recently was discovered to hold validator private keys and node keys. I believe this is something we don’t want on chain as it is a security compromise.
I have a bias, but I do support the expansion of the Validator list. Vote power currently is not balanced well. Even amongst the top 25 validators.
4.87% drops to 2.8% then 1.35% and after that, no validator is above 1% starting from rank 20. I understand this is greatly due to founding delegations and to my current understanding will go away after the 1st month.
Assuming that the 15 will get to 30k staked over a couple of days, in catchup prior to the addition, they would all be around a 0.05% VP.
This would change significantly if and when the large founding delegations are removed and/or more evenly spread amongst the set.
The downside I do see is a thiner spread. The bottom 15-25 aren’t really going to be gaining rewards/commission that help to cover the cost of a validator. But this is also something that those validators are aware of and are taking that risk on their own accord.
I personally think from what the Expedition Mars has listed as pros for allowing the expansion plus what I have mentioned, I think the pro’s out weigh the cons.
New validators will bring positive price action to Mars, as they will need to buy in to stay in and compete with other validators trying to re-make it back into the set.