Trading Card #5 - Telos and Inverse Weighted Voting
Telos Trading Cards
Cards & Tokens is going to be deployed over TELOS blockchain and to celebrate it we decided to create a brand new album dedicated to promote this new blockchain the best way we can do it, with trading cards !!
EOS Voting System
In the Eos voting system, every token you stake gives you the right to vote for maximun of 30 block producers. It was thought as a democratic system where candidates has to compete with each other bringing more value to the network and be the most honest and transparent as possible. This kind of competition allways has a positive impact on the final product or service beeing the final users the most benefited.
but in EOS this is not the case since the big whales can elect any block producer they choose without depending on the aproval of others. Voters who want to support only their own affiliated block producers can increase the value of their votes by not voting for anyone else; which hurts the voting system.
TELOS Voting System
Telos does not have whales and therefore block producers need only convince the broad collective of TLOS token holders of their strong candidacy. In this blockchain we will see real competition and that will bring prosperity and perfection to this blockchain.
Additionally, Telos block producer voting is inverse weighted meaning that if you only vote for 1 or 2 block producers your votes have less weight than it you vote for 30.
This encourages the majority of Telos members to become more educated about block producer candidates and discourages those who seek to vote only for themselves and their affiliates.
Find out more about this new aewsome blockchain at
https://telosfoundation.io/
Looks splendid and minimal
It will be !!
That's why I decided to build Cards & Tokens on this new blockchain.