You are viewing a single comment's thread from:

RE: How to Prevent Hostile Takeovers for a Naive Steem Community

I’d love to see the idea of 1 SP = 1 vote revisited in terms of governance. 20 million Steem across 20 witnesses should be 1 million each, not 20 x 20. With this simple and fair change it would be nearly impossible for all the witnesses to be controlled centrally. At least a few Steem loyalists could stay voted in and have a voice/veto power in hard forks should the Tron/Steem relationship grow contentious.

Sort:  

Indeed. I have never understood a sound justification for the difference between ordinary votes and witness votes. Except as we see in action presently, since it has enabled @ned to simply govern Steem at his sole option at will.

He never did that, but he kept that power, and now he has sold it to Tron.

Thanks!

interesting.... i am very open to this idea. would have to think about it more, but interesting at first glance

Sounds really interesting. Any downsides you've thought of?

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.029
BTC 57824.98
ETH 3133.87
USDT 1.00
SBD 2.42