Another democratic scam is open for voting right now.
The argument is people can’t get elected so we need more validator slots.
Never mind that Team Multiplier is completely broken, the network is underutilized, and on any given day totally incompetent people show up to half-assedly “validate” and get elected.
It’s a disgrace.
Today I fired a shot across those hypocrites’ bow, just to show there are people willing to stand up for sound governance.
As I used to say on my About page, I vote with conviction and still have some coins left to vote with.
Many of the pathetic votes in favor of this scam have voted with 0.1x multiplier, which is yet another indicator of their values.
No conviction, no ethics, no principles, no values.
I can’t overvote them on my own, but given their miserable showing there’s a chance. They have 5 days and 7 hours to get their shit together and vote with conviction.
Let’s not forget that other, far more numerous group of hypocrites - those who haven’t voted for the other proposal - all of Team Multiplier-backed validators, in fact. For posterity, here’s the other active proposal that fixes the problem by simply increasing the minimum validator stake to 50,000 xx:
XX Network’s Team-backed validators are a crypto-twin of Wall Street banks and public sector worker unions. Why would they vote for something that prevents them from taking advantage of the failed Team Multiplier program? In fact in their mind it’s been very successful!
What we need instead is more slots!
This is yet another example why democracy can’t work, and why crypto can never be sound money.