The reason that I vote for a straight burn rather than a gradual one is to avoid potential bugs.
At the start of the Blurt blockchain, we had a regent account. It's an account that started with a virtual stake equal to half of the initial total supply, and its virtual stake was to decay slowly over two years. On July 4, 2022, when the virtual stake of the regent account was supposed to hit 0, the chain halted because of a bug in the code. Someone had delegated a small amount of BP to the regent account (I don't know why), and this was not anticipated, so it caused a bug that made the chain halt. @baabeetaa coded a fix for it, which we rolled out within a couple of days, but we were still down for about two days when it happened.
I am for keeping the codebase as simple as possible, and only as complex as necessary. Any added complexity has the potential to introduce bugs.
So true, and good point. Edge cases happen and even the best Devs in the world cannot think of everything.
I agree with you on this point and will change my vote from decay, to total burn. Thank you Saboin!
While logged into Beblurt,com. I'm unable to vote, as when I click post I get an "unknown user" error message.
I'll make my vote official here.
1A, 2B, 3A, 4A, 5B
Must have been a bug or an error on the website I guess