RE: Blockchain Generations: From Bitcoin to Smart Contracts and Graphene by eosfan

bitshares · @eosfan · Jan 24 '18 (edited)

$1.25

your votes for all your fav delegates is weighted by your vested amount. 

votes are calculated via approval voting which is one of the most representative forms of voting. It makes it easy for others to vote people out even if they have large stake. this allows dpos to be more merit based & doesn't require wealth to produce.

BUT *the vote of each block producer is equal* no matter how much vests is behind them, so all 21 in each round are weighted equally, need more than 2/3 to agree to fork or finalize a block.

This helps break the highly concentrated wealth distributions might have in addition to performance review by community that can fire them.

see the difference? 

[![Image](https://i.imgur.com/rhPiMiG.jpg)](https://i.imgur.com/rhPiMiG.jpg)

👍 bubke, jeremi-kossak

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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
bubke	0 B		129,957,124,874	66%
jeremi-kossak	0 B		0	100%