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RE: Is Hive decentralized and who governs it?

in #hive4 years ago

I think that Hive is not decentralized enough, cause in the end you control the whole blockchain if you have 50% + 0.001 HP - why this is enough to determine 100% of the Top-30-witnesses ?

Really decentralized would mean in my opinion that a person or group who hold 5% of the HP can have one witness in the Top-20.

I wrote a post in Hive government:

https://hive.blog/hive-111111/@udow/next-hf24-witnessvotes-how-about-accumulating-instead-of-disadvantageing-new-investors-qc4wpu

Maybe you can share your view about his ?

You wrote that 31 accounts hold 35.74% of Hivepower, what would be interesting for me would be the question how many (of the next) accounts you must add to this 31 to reach 50% of Hivepower ?