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7y
Yes, there is that as well. Having only 3 votes would greatly reduce the likelihood of them being able to control the chain. I actually would prefer if we had some large companies as top witnesses as they have tons of resources that could theoretically be put to use. Having mom and pop witnesses or kids that live at home in their mom's basement has its limitations...
RE: Steem - Perhaps STEEM could benefit from catching up with the times...