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RE: Preparing for changes in Velocity
Actually very few people decide who is a witness, because witnesses are decided by the SP of the voters not by the number of voters.
Actually very few people decide who is a witness, because witnesses are decided by the SP of the voters not by the number of voters.
Yes, I know that because it is a stake based platform where those who have stake have more influence. People may not like it that way but it is at the core of the platform and has been since the start. If everyone had a direct say, not much good would get done because, people only have their interests in mind without understanding the complexities of the system. We see this in the world now as people vote based on emotion rather than understanding of economic systems.
But that is what I said at the beginning, a few people get to decide what is done, so the decentralization that Steemit supposedly has is just a pipe dream. Is this bad? I really don't know.