Yesterday I made this post https://peakd.com/hive-167922/@doze/how-decentralized-is-hive-dhf calling attention to the minimum value to have a Hive DHF proposal approved was 22,4M HP and there was only 1M HP left for a single person (blocktrades) approve any DHF Proposals.
Today is official, like you can see in the image above.
It must be coincidence I made the post asking to vote on DHF proposal #0 Return Proposal https://peakd.com/me/proposals/0 and today 1M HP unvoted.
The fact is, today, blocktrades alone can now approve any DHF Proposal.
Once again this is not about blocktrades, it could be ana, jonh, mary or abdul, this is about Hive DAO, and DAO means decentralized autonomous organization.
https://leofinance.io/threads/doze/re-leothreads-ndfxhte8
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Hivians should vote for the return proposal to have a say in the DHF. Otherwise a single account can allocate the DHF.
Hivians (not all but the great part) just care about their rewards ;)
haha, true 😂
I have to disagree with your logic to some extent. I didn't do the math, but let us take it as given that I have enough voting power to upvote a proposal past the return level. That doesn't prevent any number of voters from then voting up the return proposal afterwards, effectively stopping the proposal I voted for.
In my opinion, using my voting power as the metric for how much the return proposal level is set at isn't a great idea, since a lot of people just can't be bothered to vote and it takes a lot of voting power to get any proposal funded. In fact, I dropped my voting for the return proposal in order to make it easier for proposals to get funded without my vote, leaving me free to only vote for proposals I really strongly want to support.
Like I said in post, is not you blocktrades, the problem. From what I see, in my opinion you are engaged with the Blockchain as dev and it is also your interest as stakeholder that Blockchain and hive as token be healthy.
I've used your voting power as metric because it's a fact. Your HP is more than at it needs to a proposal be approved, today.
Now forget we are talking about you. In my opinion it's not good that one single person have enough HP to approve a DHF proposal, this is not really decentralization. That's because why I also asked to people upvote proposal #0.
You've misunderstood my point. I'm disagreeing with your idea regardless if such a "single person" is me or not.
My point is that "if someone with sufficient voting power to vote over the return proposal exists" I disagree that everyone should then vote for the return proposal to raise it in the name of decentralization, because that person may just not vote much at all. And even if they do and vote on some proposal that no one else likes, then people can just vote up the return proposal at that point in time, so it is just as decentralized if they wait or if they proactively vote.
Being proactive as you suggest in this case, can have negative consequences, if the "powerful voter" just doesn't vote at all or not as much as other people think is reasonable.
Ok got your point now. I also understand that you're not voting now on return proposal to give opportunity to other proposals. From what I see till now is difficult one proposal being approved if someone with 20M vote on return proposal and not on that proposal.
My question, my thoughts, if you want, my concerns, are
Imagine someone stake 50M and pretend ruin DHF with an huge amount of HBD in a short time (2, 3 days, one week..) it's unlikely but the code allows it. How can we prevent that? And if we're able to prevent (voting on return proposal) how do we prevent without affect all good proposals already approved?
The code already limits how much can be paid in a day to 1/100th of the HBD amount in the DHF.
So, no problem, right?
That’s not good. But I wonder what the solution could be? I mean as you said blocktrades himself is not the issue since I assume no one would abuse such a voting power.
Raise the hurdle to approve a proposal? Or make it a certain number of users who have to upvote instead of a certain number of HP? Or some combination of it?
A combination of it might be a good solution ;)
Well, @blocktrades seems to be fully focused on hive ? Earlier I saw they stopped their exchange and probably now would work fully on development. So with this level of power , they would certainly care to make sure hive earns the spot it deserves ?
Blocktrades is not the problem. Like I said it could be mary, abdul or jonh. Problem is the the way DHF proposals can be approved right now.