Proposal: 1SP 1 vote
It would be interesting if someone would take all the stake right now and show us how the current scenario would play out if 1SP - 1 vote was implemented.
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Proposal: 1SP 1 vote
It would be interesting if someone would take all the stake right now and show us how the current scenario would play out if 1SP - 1 vote was implemented.
If you simply model it with votes currently cast, you wouldn't necessarily see any rank order change as everyone would be equally affected. Hypothetically the total vests voted on each witness would just decrease by a factor of 30. This is overly simplified as some folks, and particularly the Tron block, are voting on fewer witnesses, in their case 20. The important thing is how it would alter voter behavior after the fact. But it would most assuredly lead to multiple factions having elected blocks of witnesses. Good for decentralization and security, but expect even "normal" hard forks that add features or change functionality to be much harder to achieve in a far more "political" landscape.
Well the big accounts can spend only 1 time their vote that would be less influence in the witnesses. It would very interesting how this plays out.
Its obvious, it would give whales the power to block pretty much any hardfork on one hand, but make it difficult to gain complete control on the other.
Safer than what we got now, but is it necessary?
Few are discussing the negatives and I'm really afraid when people say there are no negatives.
So a bad actor that wants to screw over the chain could potentially halt any major development if he had a big enough of a stake. Would it be worth for them though?
I think people are worried about Steem merging with Tron. Wreck Steem to help Tron. If Tron promises the bigger actors enough, they may consider it, especially if their business on Steem could work on Tron.
Most of the dapps arent really compatible with TRON and outside Koreans that seem to lack interest in decentralization i dont see anyone moving there.
Steem was purchased, as you said, to help TRON signal boost just like was case with LINO and DLIVE.
Yeah, I don't get it. I knew some people would have been against it no mater what, but careful consideration and it would have easily turned into a minority against tron. It is surprising how many people dont like tron and howsl quickly this happened. I think it will get worse, too.