| json_metadata | "{"app":"Musing","appTags":["Steem"],"appCategory":"Steem","appTitle":"Do you consider having the top 20 witnesses on steem making the important decisions a sign of centralization?","appBody":"<p>Yes and No! </p>\n<p>If I am not mistaken, @leonis take on this was mostly because of the @freedom vote that's why it seems it is centralized since he alone can manipulate who gets to be in the top 20. </p>\n<p>Looking closely at the chart below, @freedom's vote is almost equal to 15000+ Steem accounts. If a witness gets his vote, he is at least guaranteed to be in the Top 30 witnesses.</p>\n<p><img src=\"https://cdn.steemitimages.com/DQmURga9gQkbxytXtezn178Ppr8VE1k8Z7xQsNrYRUF1XWR/image.png\" /></p>\n<p>However, if we take his vote out of the equation and only focus on <strong>active accounts </strong>(<em>accounts that have made at least one comment/upvote in the past year</em>)<strong> </strong>then we get this new Top 21 witness ranking.</p>\n<p><img src=\"https://cdn.steemitimages.com/DQmcqPxSJk7RcecKGhU9YvWhoW3AbnB1mbqbQnryrHrwoQh/image.png\" /></p>\n<p>Source: <u><strong>https://steemit.com/witness/@abh12345/do-inactive-account-votes-for-witnesses-affect-the-witness-ranks-1540900963927</strong></u></p>\n<p>As seen above, there is only little difference for @freedom's vote as the most of the top 21 witnesses are still seen in the top 20 even without his vote. (there are now 5 new witnesses added in the top 20). </p>\n<p>Also, the above chart shows that the majority of vests still belongs to planktons/minnows which makes it somewhat decentralized(?). The problem here though is that this witnesses are not really consulting those who voted them when making a decision for Steem which makes it more centralized. If I have to put it in numbers 35% decentralized 65% centralized. XD</p>","appDepth":2,"appParentPermlink":"pkl27czn5","appParentAuthor":"rasamuel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
|---|
hiveblocks