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rest 49% majority just keeps on watching.

49% is not majority. Yes, It is the way that's how all the Corporate governance take place in almost all over the world.(As far I know)

Posted Using LeoFinance Beta

I guess for majority better model is to have 2/3 of stakes? what are your views?

I feel using the "Hive Witness model" look nice and no self vote allowed.
Let choose 20 representative that look smart ,capable and interested to run the system.

Posted Using LeoFinance Beta

That's a good idea, seems good to me.