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RE: HF Idea / Proposal: Witness Disapproval Feature

in #witness6 years ago

Firstly, I think there should be a way to tag a non-approval for a witness but at this point I think it would be more beneficial to remove the ability for 30 votes for witnesses considering there is only a top 20.

Having 10 votes instead means that no one account can choose order across all and it makes it much harder to collude. It also means that small accounts have more chance to pool their resources and have an actual effect on the witnesses rather than pumpkin/freedom controlling it.

Reducing the amount of votes able to be cast is a very simple solution to get a better understanding of the community position on witnesses.

... i think. :)

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Thx for your comment @tarazkp!
BTW, I had already updated my post to suggest reducing 30 slots to 5, and add a disagreement feature! ;-)
Which number of voting slots do you think would be optimal? 5? 7? 10? 101?

7 is not a bad number perhaps as it is essentially 1/3. it means significant control but not enough to have 50% majority and far enough from a super majority.

I would personally also consider spreading the rewards at a higher level to the 20-40 slots. I am not sure what the spread is now but if 75% went to top20 and 25% distributed on it might incentivise differently. Have to think more on that one though.

7 is not a bad number perhaps as it is essentially 1/3. it means significant control but not enough to have 50% majority and far enough from a super majority.

Very smart!!!

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