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RE: Hive Scaling vs Bitcoin

in LeoFinance3 years ago

Speaking of witness nodes, would there ever be a possibility of expanding the current 20 to 40? Or even 100? Would that help in any way with scaling or security? I'm pretty clueless on how this technical stuff all works. I'm learning slowly (mostly through posts like yours) but it's still hard to grasp.

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My goal is to use sliding-scale voting so we can boost these variables up/down slowly over time.

Adding more witnesses dilutes the block rewards and makes it harder for them to maintain their services. This is especially true given the volatile nature of crypto. We want our top witnesses to be well funded. At the end of the day it may work out that it becomes impossible for a single person to be a witness and all the top pain block producers will be businesses that build on Hive and bring the most value in.