do you really believe that? i think the basic idea is good, but we have seen often enough in the past what happens when whales have a say behind the curtain, just look at the tournaments as they were before weirdbeard arrived. unfortunately, many people, especially when they can still act in anonymity, are terribly greedy egoists whose pocket is more important than the game or anything else!
but I am curious and hope that I will be surprised
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@bronko I think you are missing that the ownership of the vast majority (90%) of the validators have NO impact on governance. Only the validators voted on by the staked SPS community will have a bearing on the way things work going forward. This reward will be a much more modest 10% of the total and you will likely now get people that are community oriented (vs greedy egoists) in charge of protecting the community.
The reason I like this is the incentives to run a node for anyone is pretty much the same (with a small bump for the top few), so now people will vote for who helps/protects the community the best instead of worrying about those people being corrupted by the money they are earning.
Plus I love the vision of where they think this will go. If those nodes are ever worth $40,000, then I think our minds will be blown! :)
yes right, I also meant not the possession but the complete system, who has the greatest voting power^^
and if the side where you vote is also hidden for the majority, such as the current feedback page. then the problems will only focus further, I think!
I fully agree that everything should be out in the open, and I'm sure the votes will be on the blockchain and everything will be visible and probably easily attainable from 3rd parties too.
most people dont know what a VN is or what it does let alone why we need them or how to set them up. the info gap is wider than the financial gap in the game. and youre 1000% correct the lack of open info for the masses holds the whole community back imo