I think the lottery system needs some serious tuning. Week after week we see some of the same winners over and over again, and these address have tens of millions of divi in them. Worse, they win multiple lotteries. I am proposing changes to rate limit winning by the same person without introducing opportunities to game the system.
The changes are as follows:
- no address can win more than one lottery. When two UTXOs from the same address are in the winning 11, drop the lower hash.
- In order to win the small lottery at least 10K must have been at the address for at least 1 month.
- in order to win the large lottery, at least 10K must have been at the address for at least 6 months
- reduce the big winner to 126,000 divi and add 5 more smaller winners
I believe this will rate limit how often large divi holders can win the lottery without introducing a method by which to game the system. For example, splitting the wallet into many smaller addresses does not improve your chances of winning with this system. Moving funds after a win doesn’t improve your chances of winning with this system. This system will, in time, increase the chances of winning the big lottery for smaller holders.