I'm down for at least raising some noise about it. The most effective thing that can be done is seeing how many others are on board with the idea. If there is sizable community (and larger investor) support... I suspect it could get some traction.
There are two issues really. If people are able to vote and then instantly power down, it will cause fluctuations in vote values and rewards, much more so than now. The SP allocating rewards could change in large ways, instantly. That doesn't currently happen with the slower power down features.
Secondly.. someone could vote and then power down everything... and move that chunk of steem to another account and use all their votes and then power down instantly again. Then move that chunk to another account use their 10 votes etc etc...
The penalty for instant power downs would have to be large enough to prevent that move from being profitable.
Well, even a 0.5% penalty to do the powerdown (0.5% of total of their SP) would result in the loss of way more total steem than could be earned from the votes.
I'm down for at least raising some noise about it. The most effective thing that can be done is seeing how many others are on board with the idea. If there is sizable community (and larger investor) support... I suspect it could get some traction.
The only question is the security, and how difficult of a code it might be. It would affect the reward pool quite a bit.
How would it affect the reward pool? I don't follow.
There are two issues really. If people are able to vote and then instantly power down, it will cause fluctuations in vote values and rewards, much more so than now. The SP allocating rewards could change in large ways, instantly. That doesn't currently happen with the slower power down features.
Secondly.. someone could vote and then power down everything... and move that chunk of steem to another account and use all their votes and then power down instantly again. Then move that chunk to another account use their 10 votes etc etc...
The penalty for instant power downs would have to be large enough to prevent that move from being profitable.
Well, even a 0.5% penalty to do the powerdown (0.5% of total of their SP) would result in the loss of way more total steem than could be earned from the votes.
Maybe.
Theycallmedan wrote a post about it so there's one.
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He's exactly the type of investor that can actually make things happen.