Quote from: portabella on February 14, 2017, 10:24:28 PM

Quote from: davidoski on February 14, 2017, 10:19:55 PM

Quote from: freezal on February 14, 2017, 08:23:05 PM

Besides, as far as I know, tonych can't do anything if economy decide to change some witness [..]
I guess, this puts me in the "mindless cheerleaders" category then Wink

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Let me quote the most well informed person:

Quote from: tonych on February 06, 2017, 11:55:51 PM

You are correct, if 12 witnesses so decide, they can block all attempts to replace them. But this is exactly what they were expected not to do when they were added themselves. If a minority of witnesses appears untrustworthy, they can be promptly replaced before they reach majority.

I discuss in the whitepaper a mechanism which helps make the behavior of witnesses more predictable and earlier detect any breaches of trust: a would-be witness pledges to follow the witness lists of a few (possibly larger than 12) prominent industry leaders. The pledge is not enforceable in the protocol but publicly auditable, any breach of the pledge would immediately make the witness a candidate for removal.

Begin spreading the trust.

The witness 7ULGTPFB72TOYA67YNGMX2Y445FSTL7O replaces UENJPVZ7HVHM6QGVGT6MWOJGGRTUTJXQ

portabella is an awesome and knowledgeable person in my opinion from interacting with him in the slack