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RE: Enhancing Steem's 'Proof of Stake' Model With A Process For Expiry/Renewal Of Witness Votes

in #utopian-io7 years ago

I have been thinking about this idea for a while... since there are so many large stake votes sitting.... just tied up holding newer witnesses back...

however, I'm wondering... how long before expires? 1 year? 2 years?

maybe like every so often elected officials need to run for office again, don't let votes sit forever.

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If the voting system is unobtrusive and easy to use (which it isn't really currently) - then the voting can be more frequent than 1 year I think. But ultimately, the time period can be adjusted easily. I suggested a couple of months, but I don't really know what would work best for everyone.

or allow witnesses to vote unanimously on removing votes from inactive witnesses. We all see who the inactive witnesses are afterall.

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