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RE: I've been thinking about the Oracles - Collective Wisdom / Collective Consensus

in #steem6 years ago

I doubt the dev team has not thought about the particular DOOM scenario I've thought of. These are bright people, a lot smarter than me. But, because assuming is probably not the best way of approaching this. I'm interested in this conversation and the collection of some wisdom through it.

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I hope you are right.

If SMTs gain value and there is a superlinear rewards curve to votes, then the incentive to create accounts is exponential. So it all comes back to getting those accounts verified by whatever means is still profitable.