If we only had 20 the witnesses outside the top 20 would have an even harder time getting votes.
Until folks only vote the top 20 in attack scenarios and spread their votes outside the top 20-30 routinely we should probably keep them, or the witness list could shrink to just the top few.
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We should have 1 vote :) this is how it works in every major chain, Hive is outside top 100 market cap and for a reason :/
Lol, yeah, because too many dumpers are voted rewards.
IF people stopped selling today we would be at our all time high, but instead the largest proportion of rewards get dumped to the market and sucked up by whales to keep the price out of the dumpster fire thereby increasing centralization.
Maybe so, or maybe 31 primary witnesses.