RE: Helsing: Governance Ideas (Good/Bad whales needed)
Is there a way to challenge a down vote by Helsing in a timely manor . In the beginning one wrong down vote could cripple a minnow and the concept . There should be a way to compensate if it happens .
There is a rule when sending out a killer to kill . "never loose oversight on you killer "
How is it going to be monitored ?
I see how to shut it down , If that is required .
Trial is essential !!!!
I Totally agree with Helsing and what needs to be done .
The whales have stake and are the ones who have the most to gain and lose on the platform
This might be true if you only consider total amount in $ . If you compare a persons wealth compared to % invested in Steemit then I'd bet that there are some minnows that have a greater % of their wealth in Steemit then some whales .
Whales are currently well compensated for their stake
It cannot have much effect on reputation as it has none (25) itself. However in regards to rewards, it culd only ever take as much as a post is worth. So, if wrongly flagged, it would be likely one post max. However to begin with, I don't think it would come close to flagging minnows and the cases it dealt with would be very obvious.
That clears up some of my concerns and makes sense .
The cases it deals with would be the key and the main reason to support it .
I like the idea and concept . It is needed as long as it has checks and balances and not abused .