Having just sat in on the tremendous call hosted by Tim and Ben (thank you!), I’d like to express my opinion as someone who is just now trying to break into the validator business.
I think because priority fees are (also) earned relative to the amount of stake you have, this proposal will put us into a “rich get richer” kind of scenario, and it will make it harder for new validators to compete for stake in the long run (because larger validators can afford to offer kickbacks and other financial incentives with the increased revenue).
I also don’t see how this precludes validators from making side deals.
I do agree that this proposal helps aligns validator incentives, but I think maybe I’m hung up on the philosophical debate about which validators are being helped, and whether or not helping them is in the network’s best interest (in terms of decentralization).
Appreciate the discussion; thank you to everybody who is participating!