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RE: Witness Survey V1 - my answers by @c0ff33a / @derangedvisions

in #witnesssurvey5 years ago

Thank you very much, yes the decaying votes is a very live topic with heated debate either way. The way I have seen the responses, the argument against the idea is big investors with 100’s of thousands of dollars held in Steem Power avoid interaction with the blockchain for absolute security - decaying votes would force them to log in regularly to revote the same people over and over.

That said @theycallmedan solved the issue by having an active account holding little, and a secure dormant account he delegates the stake held in it to the active one. I believe that originated from @guiltyparties and it’s a very sensible idea - for my relatively modest stake I’m intending to do the same thing and move my Steem power to a secure account I won’t actively use.

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