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RE: Can Witnesses Share Their Reward With The Ones Who Elected Them?

in #witness6 years ago (edited)

Yea I don't know the right answer as well. But sometimes out of discussions people can draw useful conclusion.

  • The pro from the financial incentive is that it can lead to a lot more people voting.

  • The con is it can put in charge witnesses who are just sharing revenue and not doing much for the system.

So maybe a limited sharing is a nice options. Lets say 50%. Witnesses cannot share more then 50%. This will guarantee a base income for all the witnesses, and still give small Steemians incentive to vote. Just an example.

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Only top witnesses will be able to do that.
I'm currently ranked #93 and last week I made USD 15.73 which is around USD 66 per month... I can't afford to share anything.

For a new witness it will be even worse, the bottom witness is currently making USD 0.45 per week...

It's the new witnesses that needs more votes but it's them who can't afford revenue sharing. If we start sharing witnesses revenue guess what happens? Higher ranking witnesses will get more votes because they can afford to share revenue...

Another con :)