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RE: How to Prevent Hostile Takeovers for a Naive Steem Community
I’d love to see the idea of 1 SP = 1 vote revisited in terms of governance. 20 million Steem across 20 witnesses should be 1 million each, not 20 x 20. With this simple and fair change it would be nearly impossible for all the witnesses to be controlled centrally. At least a few Steem loyalists could stay voted in and have a voice/veto power in hard forks should the Tron/Steem relationship grow contentious.
Indeed. I have never understood a sound justification for the difference between ordinary votes and witness votes. Except as we see in action presently, since it has enabled @ned to simply govern Steem at his sole option at will.
He never did that, but he kept that power, and now he has sold it to Tron.
Thanks!
interesting.... i am very open to this idea. would have to think about it more, but interesting at first glance
Sounds really interesting. Any downsides you've thought of?