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RE: Why I won’t be compromising with Justin Sun

in #steem6 years ago

Okay, interesting thoughts @blocktrades. But can we add new designs while this new snazzy chain is being made? It is a legitimate concern that Steem behaves too much as a plutocracy. We need this to be changed.

Bag of "Goodies" I want to see happen for New Steem (Neem?) #Neem

  • Can we discuss speed trade-offs in favor of an increase in the amount of consensus witnesses? Perhaps we can employ sharding in order to maintain similar speed but increase the number of witnesses. Personally, I want 63 consensus witnesses.

  • Reduced amounts of votes per account on witnesses from 30 to 3, at least 8.

  • Remove curation for STEEM and relegate it to SMTs. STEEM inflation switching to 91% staking, 9% block rewards and we cut inflation rate down to 4%.

  • Make "Steem Power" (Let's just name it Stake damn it!!!) an equation of Stake Amount * Stake Length so that rewards and influence on "Neem" is not such a plutocracy system but more about rewarding people for their devotion to the ecosystem.

Example: Dude #1 stakes 5000 "NEEM" for 1 year, Dudette #2 stakes 500 "NEEM" for 10 years and they both end up with equal rewards and influence.

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I expect the rate at which Hive"evolves" will make Steem look like a Sloth. We will have far more developers and far more people generating new ideas, now that we'll finally have a chain where Steemit doesn't act as the gatekeeper for even the smallest change.

holy crapolas this is all SO EXCITING!!!!