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RE: The Korean community is at this moment holding Steem hostage, not Justin. // They are the key to all this
I think it's Steem's PoS in governance voting holding itself hostage.
Going forward, the only way to work towards decentralization is to remove PoS in governance(keep it everywhere else), remove account creation for user's that already have accounts and move towards one account one vote.
Sure, ppl will still be able to create accounts, but if they pay for them, they deserve the one extra vote. Also, reducing a vote to simply a vote will lower the influence it will have.
Currently many whales have multiple whale accounts and they are the ones controlling the platform, not the masses.
This would not work in any way. One account one vote means that guys like bernie or noogano that have thousands of accounts to their name get to control the chain. That is a terrible idea.
"1 SP - 1 vote" is far more sensible.
Is there a post you can refer me to that explains that? It doesn't make any more sense to me than the current flawed system that allowed the stand off in the first place.
Those are just ideas... 1 SP 1 vote essentially means that if you have 100 SP you get 100 "points" you can use to vote for whoever. If you have 1000 SP you get 1000 "points" to spread to what ever witnesses you want.
(Its not that simple and its not points or SP, but thats how it would work)