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RE: Can we reduce corruption/manipulation of the Steem chain.
Actually I think a reverse graduation of SP vs number of witness votes is needed. Over 100,000SP you are limited to 3 votes. 50,000SP-99,999SP 5 votes, 10,000-49,999SP 10 votes. 5,000SP-9,999SP 20 votes, and below 5,000SP 30 votes.
Limiting everyone top down to just 3 or 5 votes will change nothing. Empowering smaller accounts may make the witnesses more active in telling people what they really are doing to earn their keep.
reducing to 3 or 5 would mean an account Steem Power would be divided by 4 to control the top 20.
I do like the idea of the declining vote number as voting Power goes u[p.
Declining vote number is the only way to effectively prevent 2 or 3 accounts from controlling who the witnesses will be. When limiting everyone to 3 or 5, there would be no real change, just four more powerful accounts that one individual needs to keep track of. The number of votes may be lowered, but not likely, after all anytime there is talk of limiting an account or an individuals power you get the push back of Proof of Stake. Some of it I can understand, but it all boils down to a few wanting to rule the direction. At the end of the day Steem Block Chain may be decentralized, but the access and the use of it are all 100% centralized until someone with more money wants to change it. ALL changes/additions to the Steem Block Chain API go through steemit.inc they control what gets put forward to the bought and paid for witnesses for consideration in the next HF.
It is steemit.inc developers, not eSteem, not Busy, not 3Speak, not any other front end development team, that get to decide what gets presented for a hardfork, and then steemit.inc is the ones that make the hard fork happen.
The witness act as the middle man between user and Steemit INc. If the witness instruct Steemit Inc that "said" is the consensus of the proof of stake, that gets implemented.
With reducing the witness vote. If it requires 1 Million Steem to have a witness at number 1 spot. Now a person needs 4 times that to hold the top 20.
A declining vote also produces an lack of equality and punishment for gaining more.
Limited low votes Means 1 account cannot take control,
(yes, there is always the possibility some will come along with enough Steem to do the same again)
Steem Inc right now is no more than a puppet to the Steem Power puppeteer.