You are viewing a single comment's thread from:

RE: Steem blockchain multivote security vulnerability

in #palnet4 years ago

What if we tie the Witness Votepower to some rules like:

  1. The younger an account, the less influence.
  2. The more SP a account powered up, the longer it takes for his Witness-Votepower to rise.
  3. The less reputation an account has, the lesser his influence.
  4. An account cant have more influence than (lets say) 5% of the Community no matter how much SP he owns.

I already tried to get this mechanic into a formula and when i have more time, i try to explain better how and why i think this is good.

Im not that good with maths. Its just about the idea and i would be happy if some people read this and think about how we could make the formula better or what problems this could cause. Thank you!

https://steempeak.com/steem/@remotehorst23/steem-blockchain-has-a-major-problem-and-maybe-the-solution-is-pretty-easy

Sort:  

ad.1 - Yes. 1 would be best, 3 would be quite good. But I'm afraid both are impossible.

ad.2 - good idea!

ad3. - reputation could be manipulated, could bring more problems.

ad4. - not possible without KYC, as STEEM owner can always split his stake between many accounts as needed.