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RE: Proposal for NEW DPOS for Steem Decentralised Governance
If you change the votes to 8 right now it will benefit to Justin.
Why? Because he could guarantee a certain number of seats in the top20.
Right now he can not guarantee that.
Yes, he would have 8, with the other 12 going to the community.
It would still be stalemate.
Just as in the nuclear cold war, as nobody could win, the best course was to de-escalate.
The time it would take to, say, move funds around to vote for more than 8 witnesses would also be enough time for the current Steem community to increase votes on their own witnesses.
What is happening now is that all parties are escalating their SP and I'm not sure Justin can't win such a financial war.
(sorry, not to confuse with the wrong account, reposted)
Yep, Justin has more money than us, and he most likely still has the backing of those exchanges. He could probably go back to 20 witnesses at any time he wanted.
I suspect he needs to accumulate, but yes, he can mount another attack and get all 20. That's what my DPOS proposal would stop - him getting the full monty.
There could be another attack vector with 8 votes, which would mean splitting his VP, but that may be slower to implement and more expensive.