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RE: Centralization Blues - Should The Number Of Top Witness Slots Scale With Users?
@lexiconical- Brilliant analysis. The way you have put it, if it is going to take only 11 witnesses to be enticed for making some drastic changes to steemit blockchain then it is indeed worrysome. I had not realized Steemit is vulnerable to double attacks this way.
Like you have proposed, Steemit witnesses should increase with more number of accounts. Thanks. Upvoted full
Regards,
@vm2904
Unfortunately, despite any potential agreement we may share, it is unlikely that those with the voting power / positions to enforce these changes would voluntarily dilute their own power/stake by doing so.
Hopefully change comes before Steemit hits the "big time".