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RE: Proposal for NEW DPOS for Steem Decentralised Governance

in Archon5 years ago (edited)

As a voter and proxy I am fully capable to vote for the maximum number of block producers to make sure the chain is secure. So no, I am against the short term solution.

The beauty of DPoS is that there a no "attacks". The rules are crystal clear: Plutocracy

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The rules are only crystal clear to those who understand them.
It is, indeed, a plutocracy and hence not decentralised governance.
As long as one knows.
So you're happy with that?
a DPOP?

yes, because decentralization is desirable to protect ones investment. anyone with half a brain (hi Justin) should come to this conclusion

But it isn't there to protect everyone's investment.

OK, I still don't think the vast majority of Steemians actually understand this feature of DPOS, they just effervesce the "decentral" mantra.