Which way do you think we go?

Thanks.

Since when has "an actual paper with proof" been needed for anything on here?! Sheesh. Even in your argument of one vote per account (Which I am not advocating) you make my entire point. You

That is not false at all, it is a general statement that is absolutely accurate. The top 20 witnesses are in fact being decided basically by a couple of the largest stake holders. That is a fact. All are

Part of me wonders if some of this has to do with the SEC. Perhaps they have to be careful how much they promote the coin considering they ninja mined a massive stake (which is almost akin to an ICO fund

Yep.

Ah yes the KYC and AML are a big deal for USD usage, though it sounds like it may not be long before platforms with cryptocurrencies must follow that as well...

Thanks for trying anyways.

I have not, but just looking at how many vests they control, all it basically takes is freedom/pumpkin and blocktrades and you are a top witness no matter what. There is only one witness in the top 20

It's needed in the sense they needed a currency to pay people for their interactions, which is why the reward pool was born. However, with your ideas, no reward pool, no reason for a coin? Just pay people

5 is a good number because it would prevent just splitting up of stake to still control all 20 votes. It could still be done, but a very large stake would be needed.

Yep. The witness structure needs a major overhaul and it is one of the most important aspects of the ecosystem, no wonder we are failing.

"After HF21 - I think potentially one of the most important things Steem could do is to move from an individual witness model to one in which organizations are elected. The Block Producers within

Interesting. Though, why would steem even be needed for that kind of model? They could just pay USD.

Awesome, that is great news! I sincerely hope you have something to show by steemfest then! :D

Exactly. I think 5 is good. 10 is not enough of a drop because then they could split their stake into 2 or 3 accounts and still control the witnesses.

Not sure, but I do know a bunch of hardforks won't help our cause because they will always have to keep updating/upgrading their wallets. Which after enough times they may say it's not wort it if not enough

Not sure what you are asking here? You want to convert bitcoin to a different coin, like steem?

Yep, which is part of what is wrong with this system. The foxes are watching the hen house. We need to make these changes and we need to make them as soon as possible. One or two stake holders should not

Interesting. I wonder which would be an easier change at the coding level? I personally like 5 votes per account, but your way would work as well.