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RE: Securing DPOS

in #steem4 years ago

9 votes would still be too many because dev365 could split stake over two voting accounts, still allowing 20% only to control the chain.

You would have to drop as low as 3 votes, at which point around 80% (or more) would be required to centralize with 6 voting alts.

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Well, to be fair the other stake holders did choose to abandon their stake... or it would have never happened.

Remember the stale mate?

I knew I shouldn’t have referred to dev365 lol. But it was the perfect example to highlight the impact of voting apathy in democracies where voting isn’t compulsory.

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