Kyle, good to see you back.

Your observation and worry is true. Tks you for your effort. I believe that Daniel, as the designer of the DPOS should give us his idea of how to tackle these kinds of issue. In fact, these kinds of trick including collusions are not unexpected as it is human nature. DPOS will succeed if there is a build in mechanism to handle the problems.

I heard many people saying that holders should stake and vote but I dont think it will happen. The system is not one people one vote and so whale/ Exchangs now make the decision. I believe that the staking level 50% is almost the top. Human nature tell me that not all holders want to stake as staking involve big opportunity cost. Traders/ holders need liquidity really cannot stake. Please treat them with respect.

There is no way beside self discipline which can prevent one BP, his mom him brothers setting up more than one API if BP can make wealth. It is human nature too.

My suggestion:

1. Significant REX/ compensation like 12- 24% /year will help and need to try first, staking extend to 4 months, 8 months, 12 months. This can eliminate Exchanges immediately. Exchanges need liquidity and they cannot afford. I am 100% sure that individual Holders will take EOS out from Exchanges.

2. More sophisticated voting system is needed

a. Vote them out mechanism. Now we have only vote in power, we also need vote out power. This can outweight some power of Whales if they break the law.

b. Ratio of "vote in to vote out" ratio can be discussed.

C. Voting should be for all 21 one BPs instead of current policy which can allow voting for one.

1. Increase numbers of BPs from 21 to 30/40/50, etc. This can increase the cost of cheating.