We need to figure out a way to provide incentive for shareholders to vote. The biggest issue I see is with 13.06% of the money supply, someone could perform a 51% attack. This is obviously much less ideal than 51% of the money supply. There are a lot of other issues pertaining to voter apathy as well. No offense to those that have tried organizing these things, but I'm not talking about some silly "election week", campaigning, or mumble hangouts. People need incentive to vote or else they never will. We need to figure out a way that shareholders can be paid to vote. IE. a percentage of fees.. a percentage of dilution.. a little extra dilution.. a delegate... somehow, some way... people need incentive to vote. The current system is not working, the delegate with the most votes has 13.06%. How is this OK with everyone??!?
We could automagically set all the unused votes to random delegates (essentially raising the noise floor).
This is essentially what you would get anyway if you artificially motivate people to vote who don't care enough to study their options.
Now we have 100% voter "turnout". Are we any better off?
I'd suggest half of unused votes to be assigned to delegates sorted by performance AND 3% max pay.
I guess we could have tiers of apathy:
1. The least a person can do is express trust in the source of their wallet, by merely downloading it. So that wallet can point to a default slate which expresses their preference to just trust the wallet provider they already have trusted with their private keys.
2. The next least a person can do is express trust in some other slate, by overriding their wallet's default slate and pointing to one provided by some celebrity or developer or personality you trust.
3. The next, next, least a person can do is override some entries in their hero-provided slate with a few delegates you happen to know.
4. The last level of least you can do is to become fully informed and hand-pick your top 101.
In the event of a crisis, a rebel leader can publish a slate and campaign to get everyone to switch slates.