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RE: 30 Whales and 8690 Minnows

in LeoFinance4 years ago

For two years, since hf21, all those accounts were punished, up to 50% of their stakes' nominal value, because some brainiac thought it would 'help'.
Not discussed has been the fact in the math that all that vote value taken from the redfish and minnows went to the top earners, the implementation team knew this from the gitgo.
Clearly, it has not 'helped' retention of newbs any at all.

I think hf25 helps fix part of this, but a community consensus needs to be reached about some etiquette amongst the outliers, created by the ninjamine, in the pool, iyam.
The greediest have been driven off, but now we are looking at the new power centers.
(likely sockpuppets of the same names we all know)
If they cement their control of a 'decentralized' coin, the crab bucket has failed.

But, other than that, best shape the coin has ever been in, iyam.