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RE: EIP FAQ

in #steem5 years ago

Who would be in charge of the list.. It's going counter to everything that steem is to centralize and create such a position of power. One way to combat the sybil attacks is to go the biometric route, but even that has shortcomings like being able to spoof it, I mean you could literally go the the costume store and get latex and be a whole different person/face, someone with a good 3d printer could make fingerprints, heck it might be far, far easier, like using latex gloves and imprinting a pattern on them, if you really want to go big you could try to spoof the camera, or the fingerprint sensor directly and feed it whatever you want, not that it would be easy but a bad actor would have a huge incentive to do so, and he doesn't have to control the network, just to have a coherent force that could cause a lot of grief and undermine top voting. All that aside, what is the incentive to buy steem for, why hold onto it?

It seems that at the end you pin large stakeholders as bad actors, more or less, arguing that they are interested in rewarding themselves above rewarding others. It's not that disparaging at all, the reason why bad actors are so prolific is because the system taxes good behavior, like it's explained in the op. We've had the Whale Experiment where a majority of the whales and orcas got together and put a soft cap on the rest of the whales votes while they themselves abstained from voting, this went on for more than two months, everyone else saw their voting power increase by more than a magnitude because of this. It wouldn't be a stretch to say that the reason why the price blew up a month or so into the experiment, like it was hypothesized, was because of the desire to acquire more steem and power up to have a larger say over rewards.

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