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RE: The Rise of Steemit Witness Teams & Organizations?
I see one danger here. DPOS must be resistant against Sybil attacks and (semi)official witness teams and related business groups that gain too much power may elect top 19 through group witness votes and overthrow consensus over indepentent witnesses. Such election can establish centralized power control of a chain in hands of a few individuals with a lot of SP. My 2 cents.
It seems having teams/orgs is a way of decentralizing power? Instead of having one person decide and rapidly gain influence, Steem power and influence will be spread among many people from the beginning. Ultimately stakeholders can vote out teams just as they can vote out individuals. I imagine in the future when the ecosystem grows really big we'll have very large witness organizations that spread out steem power and decide on features. I always thought decentralization would come from decentralizing the power of the nodes, and not between nodes for performance reasons.
I see your point. My yesterday's concern was about companies that grow in SP and cooperate together to form an alliance against independent witnesses. Kind of a corporate rule. I thought about it for a while and I suspect there are currently also groups of independent witnesses that cooperate together and vote on each other, therefore this already exists but on a small scale. Indeed it will be interesting to see how your concept evolves.