This doesnât change that using a shorter block window would give a greater voice to fewer larger holders potentially providing them the ability to cram legislation through at their will and alienating many many smaller holders. There is no way of changing that when you shorten the window. The diversity of holders within that window will be impacted.
This is an example of why shareholders should discuss such matters ahead of time and pass motions with plans in place. The Strategic Reserve Fund for NuBits is another example of that. It is not a good example of why we should shorten motions passing to a 24 hour period.
This is not accurate as well. A motion is considered passed if it has 5001 blocks of any 10k block window(and SDD % but that will be changing). If everyone started voting for the motion it could pass within 3.5 days from the date of proposal in our current system - not a week.
To the inverse of your example what if Tom was unavailable for a day and shareholders erratically passed a motion to strip your position managing the social accounts within 24 hour period? There are plenty of reasons that could cause you to be unavailable for a 24-48 hour period, and now youâve been fast tracked to removal without the opportunity to show up and defend your position. I could posit any wildly ridiculous scenario as yours for the purpose of hyperbole but the point stands that a preemptive contingency motion is better in either situation rather than allowing ANY future motions to get fast tracked with less voter diversity.
Who is to decide what tier of motion their proposal deserves? I think this needlessly complicates the motion voting process and doesnât resolve the major concerns with this change.
When we see legislation fast tracked without proper review from all parties in the real world it turns into stuff like The Patriot Act, Bank Bailouts, and Trans Pacific Partnership. Why anyone would support this for Nu is beyond me.
I would still like to hear more of Benâs concerns responded to on what has prompted such a drastic change to the motion voting. If there are concerns in who can do what, when and where they should be discussed and voted on ahead of time. Anything that is proposed will have at the very least 3.5 days to pass. I think itâs ample time to foresee catastrophic issues related to the network and prepare for them.
Can we get some examples of emergency situations that this change would help resolve (like real network problems, not Tom having a meltdown and putting dickbutt all over our website). If anyone can provide those then great! letâs put together a plan today on how to proceed in that event. Get the motion started, and pass it in half a week.
No need to create a fast lane for motion votes and reduce the impact of smaller holders on the motion voting system.