I see a lot of controversy on Steemit.com now regarding the voting power changes and regarding whales powering down. Also there seems to be a conflict between big part of community and Steem devs... I feel there is real problem there, which needs to be solved the right way, for the Steem to survive...
If I read correctly, it seems the most of the problems come from the fact the Steem power is too centralized now, right? People complaining the whales decide everything, and minnows have no influence, so they start to lose their hopes... And whales (and everyone who understands something) hope for the power to be re-distributed during few years, so things become better. There are talks about the price fall being good for that.
If all of this is true, may I offer some possible solution? I don't post this on Steemit.com, because I am not a blogger, and I don't like social media in general, but I like Steem idea and I am an early investor, thats why I care.
What if instead of waiting few years for the voting power to be re-distributed, do it right now? I mean the voting power currently increase with SteemPower like this (linear dependency):
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fiskunstvo.info%2Fmaterials%2Fhistory%2F2%2Finf%2Fcorrel015.gif&t=665&c=DoaF1upNpvn4MA)
Why not to make a hard fork and change it to be like this for some time (maybe for a year or so) (logarithmic dependency):
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fbibl.tikva.ru%2Fbase%2FB1253%2Fimg%2FB1253p114-3.jpg&t=665&c=cEtZNaTOxUylAQ)
Sorry for low quality pictures, I was too lazy to draw them myself, just got more or less appropriate representations of linear and logarithmic functions from the web. Assume the X axes is the SteemPower, and Y axes is the voting influence.
This means limiting the voting power of whales right now, and boosting the voting power of the minnows so they gain influence. This should apply only to voting power, so the actual wealth whales have will not be affected in any way, only voting power will. Again, this could be changed back later, in a year or so, when SteemPower will be more evenly redistributed in natural way.
Not sure if this was suggested before on Steemit, as I don't read all of the articles there.
What do you guys think about it?
@
smooth: you are one of the most valuable Steem members and one of the most reasonable folks I have seen, so I ask you specifically - what do you think of it, do you think this makes sense and can this be offered to Dan and Ned?