You are viewing a single comment's thread from:
RE: Steem - Perhaps STEEM could benefit from catching up with the times...
Regardless of how all of this turns out, there are some drastic changes that need to take place.
We need to work out the governance model and improve it greatly. The flaws are on full display right now and were exploited.
Posted via Steemleo
Perhaps now is the time to turn off the inflation, make steem the base layer coin, let smts run on top (assuming they are going to completed still?), change witnesses votes from 30 to 3-5, what am I forgetting?
I agree with changing the witness voting. I am not a fan of turning off the inflation. One of the values of Steem is the distribution model. Ultimately, we need to get STEEM in the hands of more users since that does apply to Witness voting.
There is also the discussion of 1 token, one vote....split the witness voting up even more.
I do hope we see SMTs coming out. They were basically done so they should see the light of day.
Posted via Steemleo
Yes, that is actually a better solution but that requires significantly more coding challenges than just changing the number of witness votes. For the time being just changing the number seems more do-able.