I feel like there are still issues with the current system, I know when I first came to Hive last January, I seen prompts to elect 20 witnesses - great! I did my civic duty and gave my vote to 20 top witnesses, figuring if they are the top 20, they must be doing a great job!
It wasn't until months later when the topic came up in a discord, I was told other layers of information which changed how I allocated my votes.
I also think it's problematic if someone gains a witness vote, and the person casting it walks away from Hive, potentially leaving a large stake attached to a witness. As part of governance, would nearly make sense to reset everyone's vote every 12 months - this might lead to individual witnesses needing to form a platform to justify re-gaining the vote, and removes inactive power sitting forever in one place.
You bring on a great insight, about newer stakeholders just voting for the top 20 because, why not they must be the best. No network is perfect, however, there is a threat to blinding voting as we have seen with the hostile takeover, so you should be very keen on each vote you place.
If you hold stake, it is in your best interest to vote for good witnesses, and fewer is better if you don't have the bandwidth to research 20 (you get 30 votes, backups witnesses are critical for the sytems survival, show they love) then make a goal to get to know 1 witness a month, thats not hard at all they all have public profiles you can click and you can even reach out to them directly if you leave a comment.
I think they call that networking Dan; good morning ;)
I think they already implemented vote decay for witnesses.
votes are being reset every 12 months already
Ah - OK, in that case, my work is done! ;)
I guess I thought it was the same as delegations.