Inverse Vote Weighting: Telos Invention

in telos •  6 years ago 

Inverse Vote Weighting: Telos Invention

In the EOS mainnet voting system, big whales can elect any block producer they pleased to choose. Whales who want to support only their own affiliated block producers can increase the value of their votes by not voting for anyone else. This is a big hole and problem in the EOS Mainnet voting system.

First thing to note is that Telos does not have big EOS whales. So block producers need only convince the broad collective of TLOS token holders of their strong candidacy.

On top of this Telos has invented innovative block producer voting which is called inverse weighted voting. It means that if you only vote for 1 or 2 block producers your votes have less weight than if you vote for 30. This encourages the majority of Telos members to become more educated about block producer candidates and discourages those who seek to
vote only for themselves and their affiliates.

IW.jpg

Now YOU have got the power in TELOS!

Now YOU have got the power in Telos and you can use it wisely.

Telos is YOUR Power

https://telosfoundation.io/
https://twitter.com/HelloTelos
https://t.me/HelloTelos
https://www.youtube.com/c/TheTelosNetwork

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That was a great idea. This will propagate Telos to one of the most used blockchains next year.

PLEASE MAKE ANOTHER POST SO I CAN RESTEEM IN

also @telosfoundation ill be posting toimorrow!

  ·  5 years ago (edited)