Reduce Master Node Token Lockup to 7 or 10 days

[presman]

There is large support in the Master Node community to reduce the token lockup period from 30 days to a reasonable period of 7 or 10 days. While the system continues to be enhanced, a deregistered node owner must wait for 30 days to re-register the node and continue contributing to the blockchain stability and transaction validations.

A lockup period of 7 or 10 days still provides commitment to the project and validations of blocks. We should show support to the community by helping them to get deregistered nodes up as quickly as possibly and not lead them to frustrations that abandon the project.

We respectfully ask that you consider this development change as as possible.

presman

[Nectum8]

Please listen to your community. This rule could destroy the project, even if you added It to bring estabilty to your projects, could do the oppsite effect.

[lucablighthl]

Yes, that change would be something really good for the masternode owners.

[rage0674]

I support this request. If I have to wait 30 days it’s an unreasonably long time for an issue that is not my fault. Please consider a solution of reduced lock up.

[codeman-crypto]

We will consider this request and come up with a solution for the same.

[joshuaolufs]

What if instead of a boolean locked/unlocked state there was a third option for locked but unassigned coins. So you would have 3 states.

1. Locked and Assigned - Coins are completely locked. Become 'Locked and Unassigned' if masternode deregisters.

2. Locked and Unassigned - Coins can only be reassigned to a masternode, with no waiting period. Become Unlocked in 7-10 days if not reassigned.

3. Unlocked - Coins can be used without restriction.

This would allow masternode owners to keep their nodes up without any unnecessary downtime while still ensuring system stability.

[rpraghas-create]

I support this request.

[lucablighthl]

What if instead of a boolean locked/unlocked state there was a third option for locked but unassigned coins. So you would have 3 states.

1. Locked and Assigned - Coins are completely locked. Become 'Locked and Unassigned' if masternode deregisters.
2. Locked and Unassigned - Coins can only be reassigned to a masternode, with no waiting period. Become Unlocked in 7-10 days if not reassigned.
3. Unlocked - Coins can be used without restriction.

This would allow masternode owners to keep their nodes up without any unnecessary downtime while still ensuring system stability.

Very nice suggestions! With something like this any kind of problem that happens to a masternode could be easily solved.