I agree. The code needs to be changed to gradually reduce the voting weight as steempower increases. To offset this and to continue to attract large investors, high steempower holders need to be offered other incentives such as high interest rate on their holdings and the (exclusive) ability to vote on the structural and operational issues of the platform. Providing these additional incentives to large steem holders I believe may be enough to offset the partial loss of voting power larger holders will incur under a new voting system. Lastly the flagging system should be completely done away with for anything other than violations of agreed social norms....ie plagiarism, trolling, spam etc.

I like many others have significant amounts of steem, but will not lock it down into steem power until there issues are resolved. This festering issues (along with the question of how to monetize the attention created by this platform) have caused huge losses for investors in the past.