RE: Securing DPOS

You are viewing a single comment's thread from:

Securing DPOS

in steem •  5 years ago 

9 votes would still be too many because dev365 could split stake over two voting accounts, still allowing 20% only to control the chain.

You would have to drop as low as 3 votes, at which point around 80% (or more) would be required to centralize with 6 voting alts.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Well, to be fair the other stake holders did choose to abandon their stake... or it would have never happened.

Remember the stale mate?

I knew I shouldn’t have referred to dev365 lol. But it was the perfect example to highlight the impact of voting apathy in democracies where voting isn’t compulsory.