What is the future for wider vote participation and increased "democratisation" ?

steveharmansteveharman Posts: 4 Brand New

I'm hearing negative coverage about how the control of EOS rests in the hands of a limited number of whales, who in turn influence BPs, who in turn influence RAM & operational costs for EOS. Various charts seem to indicate that voting power is focussed on a "limited" subset of EOS holders.

Again only from anecdotal articles, it seems that the initial BP voting process was hindered by a perhaps understandable reluctance of the wider community to disclose their private keys as part of the voting procedure.

Would I be correct in thinking that to increase wider 'democratic governance' of EOS, the voting process needs to be more straightforward & increase the perception of security for general / smaller holders?

Steve

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