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RE: Decentralisation In Blockchains - Let's Talk About It - Part 1

in #blockchain3 years ago

we should have a rule banning witnesses from submitting proposals to the DAO. This will help avoid the rich get richer problem.

I don't see a point tbh. If the proposal directly benefits the community, and if it demands a lot of work I wouldn't exclude to vote for compensation.

As you said, in this case anyone can game the system.

I like to think that witnesses have to maintain their integrity, whereby demanding a compensation for 6 lines of code would be their political suicide :)

And being top witness when hive hits 20$ will be quite lucrative deal.

So even though hive is censorship resistant, it won't be when successfully attacked. Am I missing something here

Can't we just run the old code? I doubt anyone could censor everything before the community reacts. That's the main strength of DPoS and Hive.

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As you said, in this case anyone can game the system.

Yeah, maybe there's no point in that. However, I would definitely prefer voting for witnesses that use the witness income not just to run nodes, but also contribute to hive in other ways. Obviously at this price it's not possible.

Can't we just run the old code?

No, because an attacker with majority stake will just vote 20 dummy witnesses and run whatever codes he wants to run.

We'll have to hard fork without being able to use hive (if the attacker censors people on hive).

That's not a huge problem though, people can still talk over many places on the internet and reorganize.