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RE: Why I'm In Favor Of Witness Vote Decay
NOT Going to Happen. NOT Going to Happen. NOT Going to Happen.
Those in power will seek to remain in power.
The witness situation is pretty fixed at this point and for the most part they don't see a problem at all with this platform. Everything is working just fine for them.
Everyone else is just a complainer.
STEEM is a production level testnet for the most part for other projects with funding to take certain lessons from it and try not to repeat a lot of what has happened here.
There are probably more witnesses than you would expect that are in favor of some form of the proposal.
Let's say two years from now if the top witnesses realize that it would have been best for the long term health of the chain and the community it is too late and other people are just on other chains doing the same thing. It is already happening. The same exact thing is replaying on some of the other DPos chains. It just becomes a money grab and then everyone gravitates to greener pastures or tries to have a hand in 4 or 5 different chains.
Guys like me just try to catch little waves and really can't go deep on this project because from the start it was rekt. So I have to focus on chains that are earlier in their life cycle like EOS.
The biggest bottleneck for feature requests like this is developers who are capable of developing a change that is “production ready” If someone could make a proposal in GitHub and coded it up, I don’t think consensus (witness approval) would be that big of an issue.