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RE: Steem Foundation Elections

in #steemfoundation5 years ago (edited)

Ok, accounts with substantial VP would need to powerdown to split that VP, so if they voted with SP they would need to powerdown before delegating or transferring that SP to another account. Please confirm my grasp of the matter.

I note that accounts with more than 3.25M Steem would get the cap each week if they powered down. This would be pretty obvious, so I suspect that double voting SP would be difficult to do cryptically. I'm pretty confident that users with thousands of accounts will be voting with multiple accounts, but that is a separate issue.

Also, there are folks that would prefer to be the power behind the throne, and may not necessarily stand for election themselves.

Thanks!

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Yes. There's approximately 100 accounts with over 250k SP right now which isn't all that many. There are a few that we know of that do have a split stake, such as those who have a business/curation account, but we'll deal with that closer to voting time.

BitShares has 6 accounts that stopped entire production and development of blockchain. Voting CAP is a must!