I already posted this higher up on in the comments on this post but I'll post it again since it's getting cluttery around here. :)
My solution:
Create a type of curve, perhaps a bell curve, in which voting power increases to a cetain point but then begins to exonentially slow it's increase in power as an account gets closer and closer to "whale" status. This will take a large chunk of voting influence away from the "whale elite" and put it back into the "dolphin middle class" where it belongs.
Oh my, they will never go for this, because remember... 99% of those whales bought their way to the top.
Who is a "they" in a decentralized platform? I'm hoping Steem Inc., not Steemit.com, implements the changes in a hard fork. If Steemit.com doesn't want to implement the new version then I'm sure someone with an understanding of the problem will create a new site based on the new version and with time people will realize the benefits of moving to the new site. Then the "whales" of Steemit.com can give each other upvotes all day; We'll be somewhere else. ;)
Yeah, and the could build it on EOS too.
Invested their way to the top... Invested.
I guess you could say that too.
When people are investing their money on a project they should not get in return hate for being powerful.
The sole meaning of steemit is to present a solid investment proposal for them to tunnel their money towards.
Why should we be so close minded to not see the forest behind the tree. Those people are giving value to our shares. we should be treating them as they deserve to be treated for putting their money where their mouth is.
Sorry but that is the only way we should see this. Buying steem should not be treated as a malicious act, that will throw off a lot of investors. We cannot afford that as a platform that wants to become mainstream.
That is my opinion and I hope people could start looking at the bigger picture rather than crying about unfair rewards and so on. We will have all zero value if the investors abandon steemit, and that is something we should all be aware of. This is business.
We will also have zero value here on Steemit, if all that's left on the platform is whales. 🐳