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RE: SBD Explained

in #sbd6 years ago

The system of governance that we have is not perfect, but IMO it is the best option that there is. Those with the most stake have the most to lose, and are therefore given the most authority over decisions. It is not a guarantee that they will make the right ones. Unfortunately a fully democratic process (along the lines of one user, one vote) is worse since 1. it gives way more power to people who may not really care about what happens since they have little to no vested interest, and 2. it is gamable by abusers who will create multiple accounts to have multiple votes. Finding a system that is perfectly fair and will make everyone happy is probably unachievable.

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Verdict = you could make it perfect, if you thought outside the current Paradigm

  1. it is gamable by abusers who will create multiple accounts to have multiple votes.

Like haejin has done for months/years?

No, because the system does NOT work on a one account, one vote basis. Creating multiple accounts does NOT convey any advantage haejin nor anyone else.