Although the real power to make changes on Hive rests with the first 21 witnesses, who decide based on their individual beliefs or interests, that doesn't mean the rest of us users can't get involved in governance issues. Beyond simply voting for witnesses, we can discuss and promote changes that improve the blockchain.
And this is where I bring up some ideas I want to share, hoping to spark debate and the possible implementation of some of them.
Mandatory Voting
Most users never worry about voting for witnesses and proposals, inflation, staking, etc. One way to engage them, make them feel part of the network and not just see it as a mining mechanism, and perhaps reduce Hive's inflation, would be to establish a mandatory voting rule on Hive.
To explain, this is a widely established measure around the world; many countries have mandatory voting rules in national elections. Therefore, the experience and precedents are there.
How would it work? Simply put, a rule is introduced stating that after six months or a year of account creation, users who haven't cast a valid vote for at least three witnesses (10% of the 30 allowed votes) will have their ability to earn rewards for curation, authoring, or interest in HBD Savings and HP paused.
While many would cast random votes or use the proxy function (although this option could strengthen communities influence), there will be those who genuinely become interested in these aspects of Hive, seeing the network as more than just a website to earn money, but as a place to build community and foster decentralization and freedom.
Given the Return Proposal of the Decentralized Fund (DHF), it could be made mandatory to at least vote for a DHF proposal.
DHF
The decentralized fund has its supporters and detractors, and assuming its complete elimination is unlikely, I'm putting forward a middle-ground proposal. Perhaps it's been discussed before, but I'm going to try to revive this debate.
Why not burn all the remaining DHF funds stemming from the Ninja Mine case or funds associated with Steem's bad practices?
By leaving the DHF solely with user-donated funds, not only would the proposal selection criteria be more rigorous, but the proposals themselves should also be more effective. Many Hive projects lack sustainability, and due to DHF funding, they have little incentive to pursue it.
In this sense, the DHF would be like the cow that needs to be thrown off the cliff to drive innovation and encourage DApps to adopt a sustainable financial model (preferably by attracting external capital to the blockchain).
Real Burn Posts
Currently, posts where authors choose to burn rewards only burn the author's own rewards. This should be changed so that all rewards for these types of posts are burned. In other words, if a curator votes on that type of post, they are agreeing to burn through their curation rewards. This eliminates the possibility of curators using these types of posts as a token farming strategy.
Final Thoughts
These are some ideas I've come up with; there are others I'm still mulling over. I believe these are simple, not overly invasive, and easy-to-implement changes that could greatly benefit Hive as an ecosystem. It is now up to the community to debate and give their opinion on this so that it reaches the sight, ears and consideration of the Hive witnesses who are the ones who have the power to implement them or not.
Your proposal presents an interesting solution to boost governance participation and potentially curb inflation. Enforcing mandatory voting could indeed make casual users feel more integrated, transforming passive holders into active stakeholders. However, a critical concern is whether this compulsion aligns with the core decentralized and voluntary ethos of blockchain. It might be perceived as overly paternalistic, potentially centralizing influence around major stakeholders who control delegated votes. A more balanced approach could be an opt-out system with clear educational prompts, rewarding engaged users rather than penalizing inactive ones. The key challenge lies in fostering genuine participation without resorting to obligation.
Thank You
This is can happen indeed, but the risk/reward proportion worth it to implement.
And indeed will reduce the inflation because inactive users will not add up tokens Through staking.
Sometimes penalization risk is needed, without it people will go for the harmful with out remorse. Even with penalization most go for the easy and that it is not go to education.
!BBH
!BBH
🙌
a verified HIVE ID and monetization of the voting process would invite more participation. this has been my idea for introducing hive to real world governance for as long as I have been here. currently this would be totally abused by bad actors who just bot everything bc they possess that ability but not the ability to actually convert people from web 2 and teach people about hive.
!BBH
Hive es un micro mundo, con problemas reales, creo que muchos más que votar o no a testigos.
Creo que el DHF ha sido el botín de guerra de los de la élite de Hive ( que la hay como en cualquier grupo social humano), por lo cual los proyectos financiados con fondos deberían ser auditados externamente (aunque los auditores externos tampoco están exentos de la corrupción) y los votos para propuestas deben ser 1:1... No importa si bkocktrades o TheMarky votan, porque su peso será de uno, y se requerirá una mayoría de la comunidad, lo que obligará a los desarrolladores a tener que presentar y "vender" su proyecto, además de rendir cuentas de sus avances.
Pero eso sería demasiado pedir, ya que esto se diseñó justo para que pase lo que pasa, no
Concuerdo con tu opinión del DHF, por eso creo que eliminar los fondos provenientes del Ninja Mine es el paso más realista para disminuir el daño que provoca.
Ahora pensándolo, sería interesante realizar una propuesta con ese objetivo. Al menos si la suficiente cantidad de Hivers la apoya y promueve sería una solución que no necesitaría la decisión de los testigos.
!BBH
PD: tengo que averiguar cómo se lanza una propuesta para el DHF.
Sí, además creo que se debe poner un máximo de Hive a ser "minado" o en todo caso, quemar los excesos, para que no le pase lo mismo que al Peso Argentino 😂
!PIZZA
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