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    "comment": "1.�>1.本提案は、minPoolCostとPlutusメモリ上限という相互に無関係な変更を一つにまとめており、各変更に対する有権者の意思を正確に反映できません。無関係なパラメータは個別に投票できるべきです。2.minPoolCostを75 ADAに下げても、小規模プールの根本的な問題は解決しません。数か月に一度しかブロックを生成できないプールでは、固定費を下げても委任者への安定した報酬にはつながらず、逆に75 ADAでは運営経費すら賄えません。これは、minPoolCostをプール運営の経済的コストに沿って設定すべきとする憲法MPC-03の考え方とも整合せず、小規模プールの撤退を促す可能性があります。また、本提案自身が2023年のminPoolCost引き下げだけでは構造的問題を解決できなかったと認めているにもかかわらず、今回も構造的な対策を伴わず、「ブロック報酬に対する固定費の比率」を過去の水準に近づけるために、同じパラメータをさらに引き下げることを優先する理由が十分に示されていません。3.分散化を進めるには、minPoolCostだけでなく、k、pledge、a0、minPoolMarginなどを含めた包括的なインセンティブ設計が必要です。単独のminPoolCost引き下げを繰り返すより、stakeの集中や小規模プールの持続可能性に直接働きかける、より根本的な対策を優先すべきだと考えます。1.This proposal bundles two mutually unrelated changes—minPoolCost and the Plutus memory limits—into a single governance action, making it impossible for voters to accurately express their views on each change. Unrelated parameter changes should be submitted separately so that each can be voted on independently.2.Reducing minPoolCost to 75 ADA will not solve the fundamental problems facing small pools. For pools that produce only one block every few months, lowering the fixed fee will not provide delegators with stable rewards, while 75 ADA would not even be sufficient to cover operating costs. This is also inconsistent with the principle of MPC-03 of the Constitution, which states that minPoolCost should be set in line with the economic cost of operating a pool, and may instead lead more small pools to cease operations. Moreover, the proposal itself acknowledges that the 2023 reduction in minPoolCost alone did not resolve the underlying structural issues. Nevertheless, it does not sufficiently explain why further reducing the same parameter should once again be prioritized, without accompanying structural measures, simply to bring the “fixed fee as a proportion of block rewards” closer to its historical level.3.To advance decentralization, a more comprehensive incentive design should be considered, including not only minPoolCost, but also k, pledge, a0, minPoolMargin, and other relevant parameters. Rather than repeatedly reducing minPoolCost in isolation, I believe priority should be given to more fundamental measures that directly address stake concentration and the long-term sustainability of small pools."
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