Anyone outside of the top 100 accounts or so just needs to know their place, which is one of near powerlessness.
This is far from the truth which is clearly exemplified by how Peakd's proposal reached 20m in votes without a single whale vote.
We have the power but we aren't using it. Quite a lot of people still don't even vote for proposals yet.
But it's not funded is it, the Peakd proposal.
All it takes is 2-3 whales cordinating around the return proposal to block anything without whale support.
And it's so much more difficult to get 100 mid level accounts to vote rather than 2-3 whales.
Distribution does seem to be getting more equal so things might change. Although this month I'm expecting a trend towards more inequality judging by the poweups I've seen.
Don't get me wrong - I am voting for a lot of proposals, I just don't have faith that convincing another 100 30K ish accounts would make any difference.
Still around 2 mil shy from getting funded. If we had a community push to get the word out, I'm sure we would be able to get it over the funding threshold. If not a single whale bumps it up though.
It may be hard but it's surely not impossible.
I'm not following the power ups. Who has been increasing its influence on the platform?
No it's not impossible, I guess it's just a matter of focusing on the largest accounts first!
Mainly blocktrades and Bernie have been powering up, I'm sure you'll be delighted to hear about the later especially.