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RE: Voting power decreasing DPOS voting approach

in #eos5 years ago

I think this is a possible approach that could be explored. Blockchain is still early and everything is really still an experiment. I still believe having a voter account that could cryptographically verify a user that then could be linked to multiple accounts or just one account but only having one vote is something that should be explored if not on a main chain then a side chain. One person one vote in my humble opinion is still the strongest governance model we have. I gives people hope that their voice matters. The name of the game now is mass adoption and as more people join crypto and eos and the price of eos increases (hopefully) most new comers will not be able to own as many tokens as early adopters, but they still want to have a voice and feel like their vote makes a difference. Crypto has a hard enough barrier to entry adding fancy algorithms on top for a simple task such as voting is just a turn off. Everyone can understand one person/entity one vote, most of us has seen this used all our lives for many different reasons. Also the marketing behind this concept of being the most fair blockchain in crypto is priceless. If block producers are doing good work and keeping the community informed then people will vote for them.

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