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RE: Discussion to change witness voting procedures

in #steemit6 years ago

I'm still quite far from witness thing, didn't search for it much.
According to this graph (http://www.steemreports.com/witness-voters/), freedom is deciding who should be rich or not. It doesn't look like cross-votes can help them stay on top-20 and even if we vote it daily, I believe someone would come up with a bot that would vote for witness' daily.

Also while system limits the number of witnesses it would be centralized anyways, 20 or 200 it's the same for me.

Lastly, personally, I would rather have stable witnesses instead of every newbie tries to be one of them. Just my humble thoughts.

As I said, I'm not knowledgable enough on witness thingy so these might make no sense...

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This is really, really , really rough but just to see the holes I thought it would be interesting. I removed freedom from the visualisation except for the top 10 votes:

witnesses.png

You can see how much effect one account can have. I think Jerry drops out of the top 20 immediately and if @blocktrades used all 10, (they only use 5) it can shift things quite a lot in the next 10-20 positions as some would drop and they could bump some in. Then, the smaller voters (light blue) come much more heavily into play also as some of the heavily community supported accounts like @teamsteem would return to the top 20.

I am not saying these suggestions are an answer to anything but, they are interesting to consider.

Apologies about the terrible hack job on the image.. rushed at the moment.

In general, everything would be better and better if system give more power to newcomers. Instead of hardcoded binary solution. If a newbie can find a reasonable way to gain power somehow, they less likely try to abuse the system, imho. It can be applied to everything from bidbots to circle jerks to not afraid to flag. And it would also help with the dynamics of the witnesses.

Edit, charts showing that total wealth distributed more each day but idk if it’s correct or not or will that happen soon or take a lot of time.

As I always said I’m always keeping an eye on for steem alternatives. Lately there is mithril. Tripled its value in one week. ~$1,2 I would be just sad when we all point these “mistakes”, solutions some other crypto take lessons from these but not us.

Yes, so you give freedom 10 votes instead of 30 and what happens? It makes the next 10 positions much more open.

Lastly, personally, I would rather have stable witnesses instead of every newbie tries to be one of them. Just my humble thoughts.

I would rather them not able to trade their position so easily.

I just failed at kindergarden math :) see you next year.