I listened to the town hall meeting/broadcast live today on MSP waves web site. One of the ways to fix the witness situation that was bought up was lowering...yes you read that right...the number of witnesses, most often ten was mentioned, however they did talk about as low as three.
I just hope that in two years and a few months that steem is still around, because at the five year mark is when I will evaluate if I want to remain or not. I set myself a goal of five years, and that is what I am hoping for, but we will have to wait and see what happens. All I know is the witness trust has been broken.
I still stand with those who feel it was a mistake to fork out the stake, that the witnesses started this war on steem and they are the ones that need to fix it. Suggestion have been made on how to fix the witness system, and the down vote system for the last year or two. People cautioned them about what would happen if a very large investor came in. We were all told that no one entity could control steem, For years one entity did control steem.
Now that someone else wanted the sand box to themselves, we are needed, why are we needed, because the investors are sitting back watching and seeing which way the price will go. Whales and Orca's control well over 50% of the voting power on steem, not the dolphins minnows and new user redfish.
Supposedly the steem is locked up and can not vote, then can someone please explain why new 15 SP down vote bot army accounts can vote for witnesses?
it was talked about the number of witnesses that you can vote, not the number of witnesses. the idea is that you can't vote for 17 witnesses (supermajority) with your one account. the number of witnesses needed to make a hard fork would still be 17 but you would be able to vote less than 17 so 1 big account can't decide.
Okay now that kind of makes sense, when listening to the over talk and all the different numbers it sounded like at times they wanted to reduce the numbers of the consensus witnesses.
Well said @bashadow. I hope you make it to the 5 year mark too. If anyone deserves to be heard, its you. You have been a stalwart from the time I met you and given so much to the community.
I completely agree... That seems to be lost in the whole "we don't want one guy to control us" argument. Its laughable that people don't see it.
Completely agree with this too. Where is the accountability?
As always, I love to hear your thoughts and wish you the best!!!