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RE: Suggestion for Masternode-like Incentive System for Investors

in #steem • 7 years ago

Keep in mind Steem Power is what secures a DPOS blockchain. It should be largely held and widely distributed to ensure plenty of decentralization in witness voting. If SP is not valued enough, someone could swoop in, buy a bunch, power up and significantly change the witness list, possibly in detrimental ways.

7 years ago in #steem by
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     7 years ago (edited)

    @lukestokes , this was my feedback below. Please let me know if I understood correct?.

    @clayop this seems a good idea, the only thing I see is that this will motivate people to place Steem on the savings account (rebranded), but that will be stack there for only 3 days, and in this way we loose the amount of people or percentage that are powering up for 13 weeks. Are you proposing this as a rebalance, some people may choose to have SP for influence in the community and some others on savings as investment?

    By the way, did you have the chance to check Chapter 9, and review your mention on it?

    Chapter 9 of 11: The Art of Giving Value - Learning from Experts of Specific Topics on Steemit
    https://steemit.com/steemit/@gold84/chapter-9-of-11-the-art-of-giving-value-learning-from-experts-of-specific-topics-on-steemit-this-is-part-9-of-11-chapters-full

    Regards, @gold84

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       7 years ago 

      this definitely is too advantageous, many whales do opt in, investing alot than getting sp, authors might get lesser vote as they see this more gainful.

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         7 years ago 

        See, this in my mind deserves 100%. You know what, seeing that thing with @traf, and now this. I'm voting you up for witness. You clearly know your stuff.

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           7 years ago 

          well said @lukestokes, i didn't see this when I first replied to @clayop, but i could not have summarize it better.

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