The only thing that concerns me is the 20 witnesses. I would think 50 signing witnesses would be better, but I am not a dev like that so I don't know what ramifications that would cause. I feel it would allow for more decentralized distribution of Hive, at least on the witness side of things.
Well there are more than 100 witnesses. The 20 are consensus.
And I think the game theory and math show that 50 isnt much better than 20. I would have thought more was better but there is a point where it becomes inefficient.
Fortunately, many of the 20 we have now, cant stand each other. So they will only agree on the big stuff. LOL
Posted Using LeoFinance Beta
I think there needs to be some movement in the top 20. Been kind of stagnant, I would love to see some of the others get a change at the top. I am real interested to see how the vote decay is going to work. I don't think that has hit yet from the last fork. I think if the consensus was bigger, like 50 or even 100, it would motivate more people to get witnesses running because they feel they would have a change to get in the active set. Just my opinion.
No the vote decay hasnt hit yet. The last hard fork was in June so we have about 2 month months.
We are going to see some votes removed. I am not sure if there will be a jostling of position because of it. That will be fun to watch.
I think having a chance is a good thing so I can see where you are coming from. We were talking about that today on CryptoManiacs, where does one have to be to break even? We were operating on the assumption of about 50.
Posted Using LeoFinance Beta