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RE: The Forking Of Steem: More Decentralized Social Media Opportunities

in LeoFinance4 years ago

Both are interesting projects, but someone needs to address the witness voting issue for long term security. Stakeholders should be able to vote for about 5 witnesses tops.

Currently both successful deployments have huge issues with centralization

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We are thinking more of features such as 1 Staked Token 1 Vote, uncapped votes for validators ie can vote more than 30 for better distribution and even encouraging vote participation by requiring stakeholders to vote at least X number of validators in order to receive the ~2.5% pa staking rewards.