i agree, but as i said in other comment stake does have some importance. Stake weight could be capped at say 50 or 100,000 LP to vastly reduce centralization (along with other factors i have mentioned, and more).
Stake could / should be part of Reputation even, with Reputation affecting vote weight as well or instead of Stake. Much development to do there though, so for now adjusting % of stake weight is maybe best to focus on.
Eg. 1A1V 50%, Stake (capped at 100k) 50%
Better?
Capping the amount of stake for influence could make it more fair. Yeah, I can see that as valid.
@khaleelkazi, @anomadsoul sorry for keep tagfing but impirtant for you to see this discussion re #communityvoting
@chrisrice, @goodkarma and other community leaders please read.
What we need to be building here is an open source consensus mechanism for all communities, not even just Hive communities. The Reputation needs to be platform/blockchain wide, follow you everywhere. This is what will bring value, making it a Trusted Reputation.
A stake-weighted system does have it's flaws, but $HIVE is still #1 for social media #DApps so that says something.
To fix these issues mentioned, I think working on Layer 0, starting with ourselves, is what's most important.
Tag : @unconvinced
Posted via D.Buzz
1st sentence: Doesn't mean we cannot improve it though.
2nd: If layer 1 is base block chains, Layer 0 would be our common "One Self" i would say. So lets say ourselves might be layer 0.5 which i agree is super important to work on. Layer 0 requires no work. Layer O.8 say might be a common Reputation system and layer 0.9 a community governance system, which if we work on this as well as 0.5 could help all the rest flow more harmoniously to align us with layer 0
@convincedyet ?
@smartarse
We've got this built on L2 with custom jsons :)