His voting power comes from his SP, not the number of accounts he has. If he had 20 SP spread across a million accounts, you and I would still be able to implement our witnesses.
RE: Steem Town Hall - Noon Eastern 16:00 UTC (3hours from now)
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Steem Town Hall - Noon Eastern 16:00 UTC (3hours from now)
But it wouldn't be that way. To the blockchain software all of his sock-puppet accounts look like distinct individuals. The account '@goodguy24' has to have and does have the same privileges as myself. So, if I can vote for twenty witnesses with twenty steem power so can @goodguy24, and @goodguy25, ..., @goodguy20000000.
So that leads us to KYC for all Steem accounts and this is not me advocating that but more of "devil's advocate" discussoin. Then there would be a honey pot great for identity theft somewhere. Start a new chain with only the ones that go through the trouble of KYC and lose 99% of the users. Then freeze people's accounts like they did with Justin Sun's because someone is anti-Vax, or a global warming skeptic.
We don't want that.
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But the witness ranking has nothing to do with the amount of votes a witness receives. It only concerns the amount of SP behind those votes. 20SP is 20SP regardless of how many accounts it took to make up that SP.
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okay. so the new design is a witness can only get 20SP worth of votes? There would be a multihundred tie.
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No. It would be that each SP can only vote once. Regardless of who owns the account, we know how much SP that account has. Whether he had 10 account with 2 SP each or a single account with 20SP, his ability to vote with that 20 SP would be the same.
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Ok. Only one vote per each Steem power token. Understood
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I think that somehow taking into account a well designed reputation score to affect the power of votes could handle sick puppet accounts
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It doesn't stop the attack, but it does mitigate it. As it sits now, he has the ability to vote 30 times with that same SP, so you and I are unable to come close to affecting that.
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