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RE: My Personal Thoughts - Steem/Tron Saga

in #steem5 years ago

Yes, I am saying that every vote for a witness you cast it uses your witness voting power. How many votes you wanna cast depends on how much weight you want to give to each vote. 1 full power vote or any number of smaller votes. It's essentially one vote per stake, but the weighting of that vote can vary.

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That's a pretty good idea. I had a similar idea using weighted ranking. For example, first ranked witness receives a full vote, second ranked witness receives 80% of the vote, third ranked receives 64% of the vote, etc. You could vote for 20 different witnesses but it would only be equivalent to 5 full votes.

I think your approach is more flexible but achieves the same objective of decreasing the ability of any large stakeholder from controlling all the top witnesses.