Do BTS shareholders have a right to yield if they cannot be bothered to vote?
I wasn't aware BTS earns yield, I thought that was just on bitassets? Bitasset holders definitely don't need to vote.
I'm not in favour of punishing with fines people for not voting. BTS holders just need to be able to be able to easily vote someone out if they are attacking the network and have the rest automated as much as possible. I don't know why delegates can't just be ranked algorithmically with using the fields on bitsharesblocks.com/delegates such as
- feed frequency
- number of active feeds
- reliability
- frequency of updates
- time running as delegate (they'd become more trusted over time, would be a v important factor to make attacks more expensive)
There could be an algorithmically produced top 101 slate which could be auto-voted on (i.e. not voted on) and give its effect a weighting of say 50/50 vs the active votes of the BTS holders. So if there is 15% active stake, the algorithmically defined stake gets 15% voting power automatically taken from the inactive stake, doubling the active stake (while decreasing the voters power by half). Let an algorithm take some of the load.
Or at the very least an algorithm could serve as a back up, so that if the active stake falls below a certain level, the algorithm could step in and do the voting on the BTS holders' behalf. The only way to trick the algorithm would be to run a fleet of very reliable delegates for a long period.... which might end up being cheaper than just buying up the BTS... not sure.