Completely agree that ninjamine should be obliterated, when they didn’t it felt like a racket in the waiting.

And also that proposal should be given based on whether or not they will bring more value to hive.

I didn’t have a big problem with any of the proposals being funded but the whole attitude and reality of how they get funded feels a bit similar to how the world economy currently works, same shit with a web3 label. Projects should feel they need to really earn the support and not get lazy because they have a few whales on their side.

Honestly we should look for ways to discourage anyone from controlling any more than 1% of the chain. I don’t have any great ideas about how to do that fairly, especially since anyone can make multiple accounts…meaningful decentralization is still an uphill battle we gotta work towards.

Maybe limit the amount any one account could influence the proposals? It wouldnt change much but at least in the short term it would force some users to power down and redistribute their tokens which…i dont know what that would achieve other than show how the general population of Hive feels about things for a few weeks while they redistribute….hmmm

For now I hope the proposals get refunded and each project realizes they really need to earn that money. And burn the ninja mine forever!