RE: Steem needs to make this change ASAP

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Steem needs to make this change ASAP

in steem •  5 years ago 

Dear @jondoe

Do you really think that it would change anything? 20 witnesses or 30 - same thing. Im not sure if it would change anything at all.

Yours
Piotr

steem steemleo
5 years ago by

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      ·  5 years ago (edited)

    I think you are missing the point. Right now every account can vote for 30 witnesses, while only 20 make all the decisions around here. That means that if any one account accumulates enough stake they can vote in every single Top 20 witness, which is pretty much exactly what we have today! The Top 20 witnesses are all basically being decided with the vote of the two largest accounts. That means, in effect, we have the direction of the platform basically being decided by two people, yikes!

    Changing the vote limit from 30 down to 10 or even better, down to 5, we would likely greatly decentralize the Top 20 witnesses.

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