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RE: Whales - Can the community buy out a portion of your influence?

in #steem8 years ago (edited)

How will you decide, you (the dev whales) will give out your SP weight to whom / how much each?

If you delegate your SP to only a few people, it's not much different to current situation: Curie and the Guild is using your SP already. With SP delegation you'll only address the bot front-running issue happening on the Guild, but even Curie does not suffer from that. A side benefit is that Guild members don't need to vote for their contents with your accounts (but still with your SP).

If you delegate your SP to a lot of people, it means that everyone will get only a small part of influence, and likely those SP won't be voting as concentrate as it's doing now, that's a big disadvantage in influence in comparison to the whales who are voting independently. That said, you giving up your influence/reward doesn't mean other whales will. A few whales giving up their influence by divesting / SP delegation or simply not voting only means other whales will have much more influence. When money is involved, most people tend to earn more money rather than give out more money.

Perhaps it's time to revisit the N*N weighted reward distribution algorithm again.

@timcliff @val-a @clayop @transisto @snowflake @ats-david @jesta @smooth

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