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RE: Why Hive Series; PoS vs HiveGov

in #pos2 years ago

I have been all over the place when it comes to how many votes a person should get for witnesses. I have game theorized 1t1v, 1t30v and everything in between. I believe it was smooth who said that they believed unlimited votes would be the way to go, and I tend to agree with that route. As a stakeholder, one of your reasonability to your investment is to vote in as many good actors as possible as witness.

1t1v is good under the threat of a 51% attack, because it chops the attacker at the knees, however, it is not the most censorship resistant when coin distribution is good. So, in theory, the best approach might be to have a "kill switch" that turns to 1t1v if for some reason there as a 51% voting threat. But, we can always fork, and we should hope to be not under any threats of takeover as we have the 1 month delay.