You are viewing a single comment's thread from:

RE: Minnows Wanted to Join Our Noble Cause. No account is too small

in #life4 years ago

Upvoted and followed. And of course I agree mate. I'm pouring a lot of my own money into Steem and countless hours producing video content exclusively for it. So naturally I want witnesses that will take it to the next level. I'd like to read a separate article on witnesses you personally think we should endorse.


I don't have any endorsements just yet.

Does this mean that you will vote on the witness that gets the job done?

Well after research as well. I mean many witnesses will get the job done but I may not like what they also do in regards to Steem.

The beauty is that you can always change your vote at any time and it doesn't burn that vote. I like that system. It keeps the witnesses in check. It is not like a presidential election where the president can keep office for years. The witnesses can be unvoted at any time which ideally prevents them from acting badly.

This system also makes our votes more valuable if we vote together. Whales influence the witnesses because if they unvote a witness, a whale can kick a witness off the top 20 list. Witnesses would rather have a bunch of minnow votes instead of a whale vote of the same amount. currently we have 234 Million vests. That is not quite a whale vote, but we are getting there.

Ultimately, this puts the decision making process back into our hands and not just the whales and the witnesses. Right now I struggle with Steemit Inc not being transparent. They don't have to be transparent and keep us informed on what is going on because they have no one to answer to. Community voting is the solution. I have other ideas to promote change to benefit Steemit community, but this is just the first challenge.

That's unfortunate they're not more transparent. Have you considered running yourself as witness?

I would probably do it one of these days, but it is highly unlikely that I will get to a position in the top 20. They are the ones that make decisions.

Coin Marketplace

STEEM 0.28
TRX 0.05
JST 0.038
BTC 35944.09
ETH 2372.19
USDT 1.00
SBD 3.71