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RE: Reputational Enhanced Delegated Proof-of-Stake (REDPOS)
Would it help if when potential witnesses apply, the blockchain freezes their Steem money, their SP, for a whole month, or a certain period of time, so Steem accounts can vote, so that we get enough time to decide who to vote for and in order to verify how committed the potential witnesses might be? I wonder if the Tron witnesses would be ok with that? It is possible that Justin Sun would say that is way too slow and unfair.
A potential witness doesn't need much SP on their own. A potential witness just needs that users with enough SP vote for them in order to rank higher.
This Justin Sun experience has shown us an "unnatural" situation for a 4 years old (so called) social blockchain. No established community in the real world would let a "newborn" or a "newcomer" to rule it, because experience is an important aspect of governance.
So that's what a good implementation of a REDPOS spirit should reflect at code level.
Sorry. I had things backwards in my brain.
Don't be sorry @joeyarnoldvn, the idea is to ignite a debate.
Good