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RE: Each BTC Market Cycle takes just a little bit longer to peak...

in LeoFinance4 years ago

Yeah, I think it's pretty clear, just as with economics, the threat of competition is just as effective as real competition, and the threat of the entire community just upping and leaving is enough in itself to thwart the idea of a hostile takeover. I almost completely rule out the possibility of another after having seen the failure in real time. I think it even less likely that current witnesses somehow do a 180 degree turn about from their demonstrated commitment to the crypto ethos. No, no. They've shown themselves to be the real thing. HIVE has a foundation to build on that is every cryptocurrency's envy.

That having been said, I also agree with @jrcornel with regards to the need to expand the number of witnesses. That is something I think that needs to be one of our top priorities.

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I'd like to see a lot more non-consensus witnesses at the very least.
Paying one 1 random every 21 blocks seems stingy at best.