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RE: The Most Voted Witnesses In The Last 3 & 6 Months! This Is What Witness Vote Expiry/Decay Would Look Like (Kinda)
I think it's a better mechanism. It's actually very similar to one that was suggested for pruning "dead DNS names" in the BitShares DNS DAC plans. In that system, users could bid for DNS names, but they would have to "renew" them yearly to keep DNS names from being permanently lost from the usable namespace due to lost keys, dead users, etc.