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RE: Understanding The Importance and The Real Roles Of Witnesses.
Thanks @jackmiller I think the principle behind the system design is very clever but there are some implementation issues. Ever since day 1 I was confused about why we had such importance for just the Top 20 Witnesses and yet we could each vote for 30. If we just reversed those numbers (eg, Top 30 with voting for just 20) it would dilute the ability for 1 large account(s) to monopolise the Top Tier Witness ranks and give us a more "representative" democratic platform.
But it comes to self-interest. Those who have the power are unlikely to willingly give it up. As history has shown time and again.
30 votes for "TOP 50" who all get the same rewards for block production!
We'll get into the accounting soon enough!
They obviously "need" the money!