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RE: Proof of Good Governance

in #eos6 years ago

Well it is refreshing to hear from a position of authority talk about it. I had commented on a comment earlier today about fraud on steemit. All day in the back of my head, 8 had been planning a post. Well no need for that now.
The current platform set up is like a playground without rules and without monitors. People are getting hurt. Beyond that steemit is getting hurt. There are many forms of stealing on steemit. Voting bots are draining the reward pool and so is the behavior you mentioned. Unfortunately there are many other tricks. I have a suggestion that does not come from a cryptocurrency world ( no experience) but does come serving on some other boards. Governance and witnesses should govern. They should not be allowed to run bots and schemes and when in governance they should not have voting powers. Then they can govern without trying to figure out every day how much more money can they pilfer.

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Simple approach. But will never be implemented. My feeling is the top 50 witnesses are composed of about 25 who are constantly scheming to figure out how they can make more money from the platform.

No issue with people scheming on how to make money. That is the basis of capitalism.

Big issue if we tried to put the schemers and bot runners in charge of governance. That would be bad for all.

I agree. Governance should separate itself from lowly goals.

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