Problem with removing voting rewards, I don't even like calling them that; I call it token distribution of the base layer governance system. We are on a coin voting platform. The inflation is lowering every block until it'll be sub 1%. 1% inflation is very very small, but will still play some role in further decentralizing governance. If we make the mistake of allowing only one group of people IE Miners, Dao contractors, or whomever, we could fall into centralization before we know it. I know some will say some people just power down and sell, but id always wager and say we have some very, very long term outstanding hivers who earned a lot through creating content and being active. For every 1 loyal hiver PoB has created, I'd trade you a dozen short-term dumpers. As inflation lowers, the dumping will have little to no impact on price, but the loyal hivers we helped mold in the early days will continue to shape hive well into the future.
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Agree! For the last 3 years I haven’t sold a single hive, bought some. Moved into SL. You did the same. All your hive are bought from the market.
So we agree.
Redistribution is a hard concept for people to understand Dan. That’s the issue we are facing.
yep.
"Could fall into"... This platform has always been centralized, and will never stop being centralized. The dPoS system guarantees that - never mind the old Ninja Mine and all the other BS.
Good point.
However, the prospect of a witness reshuffle apparently struck a nerve.
Do you support the principle of free-speech and the right to a fair-and-public-trial ?
The only way to change the witnesses would be to change the stake-holders, which would mean someone has to put a LOT of money into Hive, to try to change things.
Anyone with the kind of funds to get stake like that, I would definitely recommend putting it into something besides Hive. Don't try to take a system designed for 1 thing (maintaining whale stake) and use it for something else... just build something else instead.
I support the idea of Free Speech, because it falls under the category of You can do whatever you want as long as you are not threatening, harming, or defrauding another.
A "fair & public trial" is definitely not something that I support. The whole idea of punitive justice exists only to serve the state, and those who control the state. In actual conflict resolution, things like a "trial" have no place.
There is a lot of stake that is not currently voting for any witnesses.