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RE: CBR Proposal Completed -- What's Next?

in #gridcoin6 years ago

Interesting development... few days ago, the 85/15 option was leading the CBR vote, now the results is totally different. How to interpret this vote? Is it a vote promoting the GRC investors?

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Up until a week ago, 75/25 was the leading option. Then, user Test1235 voted for 85/15 with 31 million shares, swaying this choice to the lead. Then, 2 days before the poll ends, user PhilD votes with 57 million shares to bring 75/25 back into the lead.

When combined with the pool votes, these two whales accounted for 65% of all voting shares cast.

It looks like we need to limit the voting power of whales. In statistics, this is the same problem as reducing the effect of influential observations or outliers.

Socialism will not help anyone in this case. Easily the coins can be distributed to several CPIDs, and the result will be the same, just less transparent.

You are more than welcome to contribute to the discussion thread I opened on Github. It seems to be a tough issue to address. So if you have any ideas, by all means feel free to share.

https://github.com/gridcoin-community/Gridcoin-Tasks/issues/220

Why? You see they are not block-voting so whats the problem?

Interestingly if both those whales had not voted 75/25 would have won any way. It does make me feel like my vote was wasted effort.

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