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Is the HIVE proposal system being abused?

avatar of @eirik
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@eirik
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2 min read

Pretty interesting post was reblogged by @neoxian to my feed. It's a post from a user called @giraff. I have never heard about this person, but that's because this account was created a few hours ago.

He pretty much said what I was thinking all along.

It's a post about @netuoso, a witness and also a user with 2 active proposals in the HIVE proposal system. Netuoso is ultimately collecting 425 HBD daily from it not including the witness rewards. That's okay if there's actually something being done, but if @giraff is right then @netuoso is getting paid a lot of money for doing nothing. Not good!

Some sentences from the article itself:

He hasn't done any work for months on either vessel or on hive and yet he is still getting 3000 hbd every fricking week.

On vessel between may and now he wrote about 200 lines of code, for a feature (saving account support) that wasn't even released, and during that timespan he was paid 150 HBD per day, that's more or less 45hbd per line of code. A bargain for the hive community !

Why are you still supporting him paying him about 12 000 hbd per month when he is clearly not doing anything ? Oh and if that wasn't enough for you, most of those 12 000 hbd are added as sell pressure :

The problem I have with the HIVE proposal system is that it's very hard to know if the developers are actually working on the proposals or just slacking and collecting the payments. If it's a proposal that takes a few HBD daily from the system then it's fine in my opinion to not stress about it, but if it's much more then I would actually like to see some results and activity.

For a reputable person like @netuoso it must be pretty easy to just create some proposals, let the users upvote it and then keep the payments coming as long as possible without any work being done. It feels like the HIVE proposal system and even the witness voting is still only a game for the big whales.

Could the proposal system be changed somehow to actually reward work being done? There maybe needs to be a voting power decay of some sorts so the users will actually have to refresh their votes and maybe even check if they are still okay with supporting the proposals they picked.

What do you think?

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