I've always felt a 5% decay a day, and when it is back up it recovers 5% of the vote weight/day. Witnesses are completely disabled from the rotation after 24 hours of missed blocks. It's more of a penalty for poor performance than anything.
Decaying witness votes need to happen ASAP. The problem is, how do you get a supermajority of people that benefit from witness votes not decaying to agree to implement that?
if decaying witness votes means what i think (that they become worthless after a time unless revoted?) I am all for this. there are too many top witnesses coasting on what are inactive accounts and ancient votes, yet they don't seem to do much work or hire other people to do work for them. I've started unvoting witnesses who are not visible and active.
I've always felt a 5% decay a day, and when it is back up it recovers 5% of the vote weight/day. Witnesses are completely disabled from the rotation after 24 hours of missed blocks. It's more of a penalty for poor performance than anything.
Maybe we should do a hardfork and implement that....
HF :)
no more hard fork please. lol
Decaying witness votes need to happen ASAP. The problem is, how do you get a supermajority of people that benefit from witness votes not decaying to agree to implement that?
if decaying witness votes means what i think (that they become worthless after a time unless revoted?) I am all for this. there are too many top witnesses coasting on what are inactive accounts and ancient votes, yet they don't seem to do much work or hire other people to do work for them. I've started unvoting witnesses who are not visible and active.
You can't. It's a shitty system to try to overcome. Very poor design, in my opinion.
This!
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