2. What is the ownership structure of BTSX, i.e. who are the big holders? I guess I3 must be one of them but who else?
Has this ever been published on the forum or is this meant to be secret?
My current understanding which could be wrong
1. BTC38 block could control 10%
2. Key talent block could control 15%+ (I3 has 5%, BM 5-10%, Stan unknown, other...)
Given how little approval it takes to elect a delegate, I would say there's a potential centralisation issue despite both blocks being benevolent.
I think the I3 stake will be distributed somehow TBA which will help.
So we need to encourage more active voting stake. (Incentives, better security, new delegate system may help people be more involved.) We also need to encourage less BTSX being left on the exchanges. (We don't need to encourage less talent stake, because they need to be incentivised and actually deserve more.)
I don't even like bringing it up, but it is something that may need to be addressed/have a road map for, with dilution coming in, otherwise I feel it's going to hamstring our valuation.