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RE: On my way to the Hive side, with SteemSTEM

in #steemstem4 years ago

One thing I agree is that hive can evolve into something better. But it's a very open problem.

Let's note that 30:1 vote system allowed for tyranny. Simply, one colluded minority lost to another. Old witnesses would keep around 10 places in the top 20 if not for the 30:1 rule. But before on steam and now on hive this exact rule allowes some of them to keep his/her place as a top witness.

And finally, I do not think that 1 shareable vote per user changes anything. It just scales everything down, no?

Why to introduce and keep such a construct if it changes nothing? It allows a minority to stay in power as long as they cooperate, as I have explained in this post:
https://hive.blog/palnet/@hotbit/steem-blockchain-multivote-security-vulnerability

P.S. Sorry, maybe I do sound negative and confrontational, it's not my intent.
Best Wishes!

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No problem in discussing and being negative. As along as the discussion is polite, I am find to discuss anything.

What I meant is that moving from 30 votes to 1 shareable vote may just not change much as this corresponds to an overall scale factor. But this is incorrect as one can relatively give more strength to different witnesses and so on. I will think about your ideas, but not this week (too busy with non-HIVE matters).