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RE: Steem Whale's Voting Perspective

in #steem8 years ago (edited)

That doesn't really solve the most important problem with e.g. starting up in Norway.

Edit: Yes, it might actually do that...

The point is that an investor should be able to distribute her voting power to her user base. Not all votes for one user, but distribute e.g. 100k STEEM voting power between all its users based on a formula that the investor chooses. The formula could for example incorporate reputation and/or identity on an application level, without the need to touch the protocol.

The effect of proxy voting would be horizontal scaling, giving entrepreneurs the opportunity to lower the entry threshold for its new users.

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So is the problem that users wouldn't get rewarded for writing things specific to Norway or that users from Norway wouldn't be able to meaningfully up vote each other's content about Norway?

I apologize. I didn't really explore the potential of a voting bot, which may be huge. A lot can be achieved with voting power distributed evenly across a large group of users. It goes a long way towards the ideal that we are looking for, for a company to be able to distribute its voting power among its "verified" users. It is definitely something we will look into.

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