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RE: Steem Alliance proposals... time to vote!

in #steem5 years ago

one of the objectives we, meaning the working group, had was to involve as much of the community with say as possible. In order to do that in a stake weighted environment it meant reducing the influence of the top level of the stake holders to give more of the other stakeholders say. As long as we hold SP, we are stakeholders, it's just a matter of how much influence that has.

Our solution was to put a cap on the upper stake with reduced influence beyond 250k SP... it has been interesting in the earlier stages to watch the changes in standings when switching between the full stake based and the modified. It was clear at that point our efforts were having the desired effect.

To go one account, one vote it means we then have to figure out ways to eliminate bots and sock puppets. It also opens the door for people being more inclined to voting based on the name(s) on the proposal. Some of the smaller accounts are not as invested (interest wise).

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Yes I understand there's a cap after 250K SP and that all of this is done to prevent bots, i'm just saying it makes me feel uncomfortable.

I'm also convinced it's one of the main barriers to the mass adoption of steem. If I feel this disempowered with 11K SP, it's a feeling that's only going to be magnified for the 95% of people who have less of a stake than me.

There is a solution.... verified voting, it's either that or the effective disenfranchisement of 95% of users. There is a choice.

I do have some sympathy for the view that the more invested someone is the more of a say they should have, but that's 'cos I'm reasonably well invested.

It's just one of things on steem that I struggle with.

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