RE: Discussion to change witness voting procedures
This is really, really , really rough but just to see the holes I thought it would be interesting. I removed freedom from the visualisation except for the top 10 votes:
You can see how much effect one account can have. I think Jerry drops out of the top 20 immediately and if @blocktrades used all 10, (they only use 5) it can shift things quite a lot in the next 10-20 positions as some would drop and they could bump some in. Then, the smaller voters (light blue) come much more heavily into play also as some of the heavily community supported accounts like @teamsteem would return to the top 20.
I am not saying these suggestions are an answer to anything but, they are interesting to consider.
Apologies about the terrible hack job on the image.. rushed at the moment.
In general, everything would be better and better if system give more power to newcomers. Instead of hardcoded binary solution. If a newbie can find a reasonable way to gain power somehow, they less likely try to abuse the system, imho. It can be applied to everything from bidbots to circle jerks to not afraid to flag. And it would also help with the dynamics of the witnesses.
Edit, charts showing that total wealth distributed more each day but idk if it’s correct or not or will that happen soon or take a lot of time.
As I always said I’m always keeping an eye on for steem alternatives. Lately there is mithril. Tripled its value in one week. ~$1,2 I would be just sad when we all point these “mistakes”, solutions some other crypto take lessons from these but not us.