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Offline xeroc

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[BestPractice] DelegateVoting for End-Users
« on: October 29, 2014, 07:01:05 PM »

Hey there,

i couldn't find the a list of properties that should be fulfilled by a delegate to be approved (in general).
My thoughts are that we should have a set of rules (community/shareholder approved) that gives newcomers an idea of which properties are important when voting for delegates.

Consider the following a DRAFT ... and INCOMPLETE:

Vote on a regular basis
Voting helps to keep the competition between delegates alive. Vote as regular as possible, preferably every few weeks.

Do not trust delegates of secret, private or closed businesses
The sole purpose of the delegates are to secure the network independent of their pay. Playing with open cards should be honored while secretly operating delegates should be avoided.

Do not trust groups or teams of delegates
The more delegates a business controls, the more centralized the network becomes. While small groups of only a few delegates per business can be accepted for a short period of time, a permanent active group of delegates should be avoided.

Arrangements or collusion between delegates should result in an immediate disapproval
Under no circumstances should colluding delegates receive any approvals. Arrangements and collusion that become publicly known should be disapproved ASAP.

Prefer delegates that can be linked to known individual
Although a not defined number of anonymous delegates should be tolerated, the gross majority of individuals running a delegate should be publicly known in person. The definition of "publicly known" is entirely up to the voter.

Do not trust any web page telling you how to vote!
Review all sets of delegates/slates offered to you


Further delegate properties that should be included in the voters considerations (random order):
* already voted in and actively producing blocks?
* reliability?
* payrate?
* publicly known owner of the delegate?
* regularly publishes feeds
* up-to-date node software?

Please discuss!
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Offline gamey

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Re: [BestPractice] DelegateVoting for End-Users
« Reply #1 on: October 29, 2014, 11:16:34 PM »
Hey there,

i couldn't find the a list of properties that should be fulfilled by a delegate to be approved (in general).
My thoughts are that we should have a set of rules (community/shareholder approved) that gives newcomers an idea of which properties are important when voting for delegates.

Consider the following a DRAFT ... and INCOMPLETE:

Vote on a regular basis
Voting helps to keep the competition between delegates alive. Vote as regular as possible, preferably every few weeks.

Do not trust delegates of secret, private or closed businesses
The sole purpose of the delegates are to secure the network independent of their pay. Playing with open cards should be honored while secretly operating delegates should be avoided.

Do not trust groups or teams of delegates
The more delegates a business controls, the more centralized the network becomes. While small groups of only a few delegates per business can be accepted for a short period of time, a permanent active group of delegates should be avoided.

Arrangements or collusion between delegates should result in an immediate disapproval
Under no circumstances should colluding delegates receive any approvals. Arrangements and collusion that become publicly known should be disapproved ASAP.

Prefer delegates that can be linked to known individual
Although a not defined number of anonymous delegates should be tolerated, the gross majority of individuals running a delegate should be publicly known in person. The definition of "publicly known" is entirely up to the voter.

Do not trust any web page telling you how to vote!
Review all sets of delegates/slates offered to you


Further delegate properties that should be included in the voters considerations (random order):
* already voted in and actively producing blocks?
* reliability?
* payrate?
* publicly known owner of the delegate?
* regularly publishes feeds
* up-to-date node software?

Please discuss!

+5%

I've been hoping to see a similar post explaining what is going to happen once this big pot'o free money opens up and how those of us with an interest in BTS need to watch out for those who appeared for free money.

edit - man i screwed this one up without even reading what I typed. 
« Last Edit: October 29, 2014, 11:22:45 PM by gamey »
I speak for myself and only myself.

Offline fuzzy

Re: [BestPractice] DelegateVoting for End-Users
« Reply #2 on: October 30, 2014, 01:53:49 AM »
Some have recently already arrived and seem to be making solid inroads into the community with nothing but feel good posts.

:/
« Last Edit: November 01, 2014, 10:38:14 PM by fuzzy »
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Offline Fox

Re: [BestPractice] DelegateVoting for End-Users
« Reply #3 on: October 30, 2014, 02:12:10 AM »
Consideration for your voting: The Kehotee Founders are found in the genisis block of each BitShares DAC and denote stakeholders committed to the community and its success.
Witness: fox

Offline xeroc

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Re: [BestPractice] DelegateVoting for End-Users
« Reply #4 on: October 30, 2014, 07:38:46 AM »
Consideration for your voting: The Kehotee Founders are found in the genisis block of each BitShares DAC and denote stakeholders committed to the community and its success.
In general I agree .. they are also registered as delegate by default .. and while most of them are surely committed to the long term success .. they may not all be able or willing to run delegates. Personally I see the Kehotee founders the same I see the AGS donators .. it's like a book of old members how made all of this possible through donations .. with no strings attached .. I don't think they deserve a special slot in delegate voting ..

just my opinion of course ..
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Offline cass

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Re: [BestPractice] DelegateVoting for End-Users
« Reply #5 on: October 30, 2014, 09:25:09 AM »
Consideration for your voting: The Kehotee Founders are found in the genisis block of each BitShares DAC and denote stakeholders committed to the community and its success.
In general I agree .. they are also registered as delegate by default .. and while most of them are surely committed to the long term success .. they may not all be able or willing to run delegates. Personally I see the Kehotee founders the same I see the AGS donators .. it's like a book of old members how made all of this possible through donations .. with no strings attached .. I don't think they deserve a special slot in delegate voting ..

just my opinion of course ..

my opinion also…
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Offline Gentso1

Re: [BestPractice] DelegateVoting for End-Users
« Reply #6 on: October 31, 2014, 12:36:43 AM »
Many will agree on the above points but unless we can pool our votes to start actually getting some of these people out I fear for the future.

The best example is the 4 delegates that were recently voted in. These delegates were voted in largely by the stake of one person (BM). The delegates made no effort to gain the support of the community or even introduce themselves.

What I find really disturbing about this trend is that the community can speak out that we are all against this, but at the end of the day if we don't control enough shares it really doesn't matter....

Offline xeroc

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Re: [BestPractice] DelegateVoting for End-Users
« Reply #7 on: October 31, 2014, 08:28:12 AM »
Many will agree on the above points but unless we can pool our votes to start actually getting some of these people out I fear for the future.

The best example is the 4 delegates that were recently voted in. These delegates were voted in largely by the stake of one person (BM). The delegates made no effort to gain the support of the community or even introduce themselves.

What I find really disturbing about this trend is that the community can speak out that we are all against this, but at the end of the day if we don't control enough shares it really doesn't matter....
I do have the same concerns .. however, as long as they don't collude we not need to care too much about them .. and as they do not publish feeds, they will not gain any further approvals (IMHO)...

To me it was clear from the beginning that "removing" misbehaving delegates will take some time and cannot be done within 2 days (unless you have the backing of some big stakeholders, which presumable don't speak our language)
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Offline xeroc

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Re: [BestPractice] DelegateVoting for End-Users
« Reply #8 on: October 31, 2014, 07:14:48 PM »
I just pushed this to the wiki...
http://wiki.bitshares.org/index.php/Best_Practices/ApprovalVoting

PLEASE let me know if you are not ok with any of what I wrote there .. it's supposed to be a community consensus
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