Why not make the 20 top witness to say 100 , so thats its less centralized. Why only 20 nodes (+1 in rotation from the remaining?). This will make this project more democratized and usher more innovation
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There are trade-offs. One of the things is the amount of witnesses that need to validate a block before it is irreversible. More "top" witnesses would slow this down. Another is the amount of witnesses that need to come to consensus in order to adopt a hardfork. More isn't necessarily bad, but it isn't necessarily better either. It is a fairly lengthily discussion to have, and likely isn't going to go anywhere due to the amount of work involved to make the change, and the other development items that are higher priority with more tangable benefit.
That's pretty much same reason why you elect x members of the parliament.
No you really cant model it like that. Steem covers the whole world rt, so if you consider the whole population then how many representative are there? Very huge number. I think the algorithm should be tweaked as steem block chain scales....I think its a compromise to achieve the speed needed for B2C application but it wouldnt be good to dismiss a better system might be works some where else.
No, the idea is same. For the sake of effectiveness you are not asking whole population to vote for or against when you need to make a decision. You chose delegates. Difference is, that here if your witness doesn't do the job well, you can "fire" him within 3 seconds.