Tonight! On the Fireside Chat: Gridcoin Voting System - Vote Weight, Active Vote Weight, Poll Creation, Proposal Requirements

jringo (63)in #gridcoin • 5 years ago

The Fireside Chat 35 - Gridcoin Voting System: Vote Weight, Active Vote Weight, Poll Creation, Proposal Requirements

Tonight! November 29th, at 8:00pm EST, midnight UTC

Join us every Thursday at 8:00pm EST, midnight UTC on the Gridcoin discord server for discussions on Gridcoin, cryptocurrency, blockchain, and DELTA.

This Week (Tonight!)

Backlogged Episodes (They will be edited and uploaded... someday):

33 - CBR Economics
34 - Magnitude Economics Revisited

Welcome back! I hope everyone had an enjoyable week away.

This week we get right back into the thick of things by discussing an often requested topic: Voting.

We'll be covering the basics of why and how, but the main discussion will focus around the details of the algorithm and the process meant to support it.

What is Vote-Weight? What is Active Vote-Weight? How are they calculated? What is an individual's vote-weight? How much weight is held by coins and how much by magnitude? Are there requirements to making a poll? How might we improve things moving forward?

Bring any more questions you might have and let's discuss.

See you soon!

Gridcoin Discord

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GRC: SKEwHBTJ7REcT5AwewpJi6uH9S5TjtJmcR

What is Gridcoin?

Gridcoin is an open-source blockchain that mints and distributes cryptocurrency in relation to the processing power a network participant directs toward data-driven analysis and scientific discovery. Currently, the Gridcoin blockchain is secured through a proof-of-stake protocol and monitors processing contributions to the distributed computing infrastructure, BOINC. BOINC, the Berkeley Open Infrastructure for Network Computing, hosts major institutional computing projects such as IBM’s World Community Grid, SETI, and data from the Large Hadron Collider, alongside projects developed by students, enthusiasts, mathematicians, researchers, and citizen scientists.