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RE: That's Not a Good Look, Justin. 🙁 - Word 2 my Naysayer's
I think the claim now is that 3 sr didn't upgrade and rather than shut down the chain they just voted new ones in until those three could update.
So, expect the same here, the witnesses that don't update are likely to be voted out, in the best interests of the chain, of course.
Think the big issue is the conflict of interest being potentially exploited. Would we allow the same to happen here?
How much are the witnesses willing to protect and for how long will they be able to protect is also a VERY good question.
Think of it like bid bots. When one sees an advantage, they may not care about throwing everybody else under the bus. Chain reaction. 😉
1steem 1vote dilutes that stake so that only buyers of large amounts could ever get us over this barrel again.
@justinsunsteemit bought his stake.
Nothing says he bought the rights to own the chain.
That was tied up in the ninjamine and @dan.
Those days are gone, and it is time to protect the chain.
JS is still the biggest holder, and has the most influence, but this one change brings him closer to earth and less likely to fly too close to the sun.
Is it hard technically?
Please explain or provide a link to proposal.
Today you vote up to 30x your sp holdings for up to 30 witnesses.
The proposal is to divide your sp by as many witnesses you want to vote.
All on one or various on more.
Nice.