You are viewing a single comment's thread from:

RE: Our platform needs your support and the witnesses also need us.

When I came upon your article I had this thought of what if there was a practical way to shift some voting power away from the top twenty one and maybe to the top 50% of validators. I'm not saying getting rid of a small group of top decision makers. I'm just thinking of ways to add some decentralization even if it seems token at first. At least this way we don't lose hope or sight of what a blockchain is supposed to be.

Sort:  
 4 years ago 

Dear @machnbirdsparo

When I came upon your article I had this thought of what if there was a practical way to shift some voting power away from the top twenty one and maybe to the top 50% of validators.

Please I apologize, I can not understand this sentence, you can better describe how it can affect decrease to 50% of voters

It was an effort toward a mini brainstorming session. Honestly, I do not fully understand it.

It is an abstract concept with the purpose of decentralizing decisions about the Steem blockchain in practical ways.

The key is "practical" change. As such, employing a 50% protocol of ALL validators would simultaneously benefit both competition and contributions. Of course, this many people actively effecting change would be impractical for major decisions. However, if it could be shown that even a tiny bit of value could be added from a consensus of half the validators, then maybe something good would come out of it.

Also, since employing the top 50% of active validators would see many position swaps on an ongoing basis, anyone wishing to gain control on this level would be required to buy up most of Steem.

Again, this was just a flash of an idea.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 66952.44
ETH 3091.71
USDT 1.00
SBD 3.72