RE: Witness Update - @timcliff's witness node is re-activated

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Witness Update - @timcliff's witness node is re-activated

in witness-update •  5 years ago 

Why not just fork now? because both your suggestions will only fuel the hostilities even further, and this war can last for a long time. I think the primary thing should be to think about a hard fork that will remove things such as the ability to freeze stake and other limitations, in addition to revisiting the voting mechanism for witnesses (number of votes/how the vote value is defined/the number of consensus witnesses/decaying vote).

We need long term solutions so such events don't happen again in the future. If you remove the biggest guy in the room, then the one after him will become the next big guy. Hence why forking Tron out will only delay the inevitable, we should instead opt for a permanent solution.

It's all come down to this, doing the right thing to make the chain immune against ideology and change of mood. If we are going to start a war each time a community takes over, the chain will not thrive. We need to avoid a clash of civilization on the chain, we need changes that don't violate the property of users. It's a small price to pay, but it will play in our favor in the long run.

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It is nice to see other thoughts on the depreciation of/decay of votes. My two cents on that I mentioned in a dragosroua post:

Depreciated witness voting. Limit the number of positions allowed to be voted for, go from 30 to 15. Your first vote you get to use all your SP/Vest for that person, your second 80% of 80% of your SP/Vest, and so-on down to the last 20% where it then drops by 2% for the remainder of your votes.

This still aligns with the DpoS people, but merges in a semi mutated one vote system.

I have mentioned this or something similar a few times, and most often get the reply it won't work because they will just create more accounts. I am glad that more and more people are making suggestions on how to Fix the DPoS witness vote and still keep it as a DPoS system. If the peole/users of steem block change have the will they will find the way.

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The reason I feel it's better to regain control of the chain first is to show that DPOS still works. Otherwise anyone with a big enough stake and powerful friends will pull this stunt again, on us or somebody else using DPOS.

That being said, I think a hard fork should already be prepared. Use it or not (probably the first option considering Steemit, Inc. is practically just a huge stake now, and no brains, since most of them left), it needs to be ready.

My preference would be to start the new fork asap. It is not just up to me though and takes a lot of coordination among the witnesses and stakeholders to pull off.

In terms of preventing witnesses from ignoring transactions in the blocks they produce, there is no way to control that at the code (i.e “hardfork”) level. Witnesses will always have the ability to choose what transactions to include in their blocks, as long as all the transactions they include follow the consensus rules.

@timcliff I propose a fork hat excludes Tron/Steemit holdings and airdrops an equivalent amount of STEEM to active witness supporters.

https://steemit.com/witness/@youarethewhale/proposal-reward-witnesses-victory-vote-with-steem-airdrop

Agree with the first part, but I'm generally going to be against any type of airdrop because there really isn't a good way to do it fairly.

Plus it feels a bit... plunderous...

It didn't take long for the witnesses to turn into central banking oligarchs.

Let me ask you a question lad. What's the difference between:

  • A bank with only 20 stakeholders controlling everything within the bank.

  • A Blockchain with 20 consensus witnesses controlling everything within the blockchain.

The only difference is, with being a stakeholder in a bank, you will get to keep your honor and think logically for growth.

Being a consensus witness makes you a politician and a demagogue, and thus, welcome ass-kissing and circle-jerking.

Well excluding Tron/Steemit holdings is in a sense an "act of war" (a final one), it can only be achieved if real witnesses are restored and that can only happen by active witness voters.

If Tron/Steemit holdings "evaporate" then the deflation benefits go both for inactive users and active witnesses supporters and that would be even more "unfair" as inactive users don't collaborate in overthrowing the tron dictator.