RE: Our Plan for Onboarding the Masses

[svamiva]

There's an interesting post from Dan Larimer on Medium about decentralization, suggesting some plausible solutions
https://medium.com/@bytemaster/decentralizing-in-spite-of-pareto-principle-eda86bb8228b

Comments

[jondoe]

Can't see it without logging in. It seems to be that we need a witness vote total less than whatever the decision making witness total is. Meaning that if 20 witnesses decide things, we need less than 20 votes, ideally significantly less to mitigate the largest accounts splitting their stake... Something like 5 votes per account seems like a good place to start.

[svamiva]

Personaly I would be happy with the proposal, but it looks like there's some concern about network security, as it's expressed by @smooth
Dan is suggesting more complex solution, quoting reference

To summarize the proposal my suggestion for community to review is to divide the 21 producers into 4 categories:
8 — STAKE²
8 — DAYS * STAKE²
3 — RAM
2 — (AVG BURN/DAY)²
Electoral College
Rather than producers having to choose one of these categories and limiting the number of slots to 21, the network could select 100 delegates and then use approval voting of 1-vote per delegate to select 21 block producers. This added level of indirection gives people more voice without sacrificing blockchain performance and prevents producers from having to pick a category.

[jondoe]

Either way, I think some changes need to be made.