Minimum Pool Fees (with a brief mention of K changes)

@Colin_Edwards and the rest of the thread.

I need everybody to understand that there is a difference between K as a parameter and the actual K, actual decentralization of stake and block production, of the Cardano network. A few epochs ago I started quantifying K-effective, the actual distribution of stake across independent groups. K-effective is the metric you and Charles are looking for to quantify real decentralization performance.

https://twitter.com/DrLiesenfelt/status/1497047709123022848

The current K-effective of Cardano is about 41. There is absolutely no mathematical way to justify an increase from k-parameter of 500 to k-parameter of 750 or 1000 with the network is really at k-effective=41. In fact, if you really want the network to operate more efficiently you will propose a reduction of k-parameter to approximately 100. An increase of k-parameter is only mathematically justified when the effective decentralization (k-effective) of the real network meets or exceeds the k-parameter.

From Epoch 323:
2022-02-24 21_42_41-Cardano Effective K - Excel

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