March 4, 2021 (https://iohk.io/en/blog/posts/2021/03/04/not-long
-till-d-0-day/)
Our research team is in the late stages of finalizing an
approach. They will soon present their findings, and we will
update the community then. However, the team has now concluded
that a0 should change. We believe this change will greatly
benefit the network, making the system more sustainable, widely
distributed, and globally diverse. It will also increase the
earnings of all public pools (ie, those that are not already
fully 'saturated' with pledge).
While it has been a matter of considerable internal discussion,
we have also concluded that any change in k should come after
changing the formula for a0 to deliver the desired results
(especially encouraging stake to flow to smaller single pools
rather than split pools). Since this is a full formula
modification, and no longer a simple epoch boundary change, it
needs to be released as part of a hard fork. Given our product
pipelines and the team’s current focus on continuing the
Goguen rollout and available dates, we will be looking to
making this change in the third quarter of the year.
We will also continue researching other parameters such as the
minimum fees (implemented to prevent a ‘race to the bottom’
yet skewed against smaller pools) while continuing benchmarking
and optimizing node performance as smart contract functionality
rolls out.