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« on: October 14, 2014, 04:31:25 pm »
I was thinking since Bitshares is patterned after a company we should have annual voting cycles for delegate. We should set a quarterly voting schedule for delegate voting. Companies have a quarterly earnings reports to their shareholders so should the delegates. The report doesn't have to be long, just one or two pages but the format should be standardize. There will be a standard table on the first page with the delegates performance for the past quarter. Their performance metrics can easily be gotten from an independent source such as Bitsharesblock. A breakdown of their pay for the quarter.They should then explain any issues they had which affected their performance numbers. The next section should explain what they pay has gone to and why for that period. Then finally was are the plans for the next quarter. Nothing long, just one or two pages.
-Performance Table
-Pay Breakdown
-Summary of past Quarter
-Plans for next Quarter
Right now voting feels like a vacuum. You are are voting but it hard to gage the impact of those votes because the process is disjointed. By having a cycle such as quarterly voting we may increase participation because people we have something to look forward to. People are still able to vote anytime they want of course but having a schedule brings some order to what seems like a chaotic system.