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RE: How Decentralised is Governance on Hive...?

in #hive2 years ago

The concentration of Hive on whales, in addition to being noticeable in the votes of the witnesses, is even more noticeable in the vote of the DHF proposals, because currently a proposal to have enough votes has to have the whales vote otherwise it will never have enough votes and this is related to the concentration of large amounts of Hive in some beads.

I didn't do the calculations, but even if the entire community votes on a proposal, excluding exchange accounts, I think that without the top20 vote, the proposal could not be approved. this worries me

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Yeah as things stand it takes some top accounts for sure, unfortunately.

I think this is a big problem because the community can have a lot of ideas to make things to our ecosystem but the proposals are only approved if the top accounts like it or are friends of account that requested.