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RE: Steem Consensus Witness Statement: Code Updated

in #steem4 years ago

No matter what rules you come up with someone with 150% as much stake as all the other voting stake put together is going to be overwhelmingly dominant to the point of breaking all hope of decentralization.

There are some limited mitigations possible, which carry security tradeoffs (since you are, in effect, deliberately enabling a minority which you can't know is "good" or "bad" in any instance) but they're partial at best.