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voting_system_overview [03/11/2022 14:50] – gfactor | voting_system_overview [04/29/2023 18:35] (current) – gfactor | ||
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The Founder accounts will have a different weighted vote that is based on their blocks minted count PLUS level 10 blocks minted count. What we mean by this, as seen on the [[Leveling System]] wiki page, for an account to reach level 10 requires 4,074,400 total blocks minted. So Founder accounts will have a weighted vote of 4,074,400 PLUS their actual blocks minted count. For a simple example, if a Founder has 100 blocks minted, the account would have a weighted influence of: 4,074,400 + 100 = 4,074,500 | The Founder accounts will have a different weighted vote that is based on their blocks minted count PLUS level 10 blocks minted count. What we mean by this, as seen on the [[Leveling System]] wiki page, for an account to reach level 10 requires 4,074,400 total blocks minted. So Founder accounts will have a weighted vote of 4,074,400 PLUS their actual blocks minted count. For a simple example, if a Founder has 100 blocks minted, the account would have a weighted influence of: 4,074,400 + 100 = 4,074,500 | ||
- | When the first Founder reaches level 10, those who were given pre-enabled levels | + | When the first Founder reaches level 10, Founders will no longer have the boosted weighted vote as explained in the previous paragraph. Founders will then only have a weighted vote based on actual blocks minted. Also, those who were given pre-enabled levels |
- | This penalty (just a technical term) is simply to be sure the voting system is fair for everyone who actually started at 0 blocksMinted at Genesis, including but not limited to the Founders. Therefore this is simply an effort to 'level the playing field' for those who did NOT have pre-enabled blocks minted. The Founders have level 10+blocks minted, until the first Founders actually reaches level 10, then they are simply | + | This penalty (just a technical term) is simply to be sure the voting system is fair for everyone who actually started at 0 blocksMinted at Genesis, including but not limited to the Founders. Therefore this is simply an effort to 'level the playing field' for those who did NOT have pre-enabled blocks minted. The Founders have level 10 + blocks minted, until the first Founders actually reaches level 10, then they are actual |
- | Voting will be used to help steer the project’s direction. Rather than leaving everything up to the DevTeam, the community | + | Please note: Qortal is ever evolving, as we build this from scratch. Development does not always have room for the community’s involvement, |
- | Voting will also be used for the community to help approve new developers as an admin of the DevTeam. What this means is that we have two types of DevTeam members: 1) anyone can join the team and help develop the codebase who DO NOT have the ability to vote on the 60% approval to push updates to the chain, and 2) DevTeam admins who DO have the ability to vote on the 60% approval to push updates to the chain. The DevTeam | + | Voting will be used to help steer the project’s direction when possible. Rather than leaving everything up to the DevTeam, the community will be able to vote on certain matters with how the DevTeam should allocate their time with options presented to the community. Such as which coins or features to implement next, or certain modifications needing to take place and which options the community thinks are the best ones to pursue. There will NEVER be any voting |
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+ | Voting will also be used to help approve new developers as an admin of the DevTeam. What this means is that we have two types of DevTeam members: 1) anyone can join the team and help develop the codebase who DO NOT have the ability to vote on the 60% approval to push updates to the chain, and 2) DevTeam admins who DO have the ability to vote on the 60% approval to push updates to the chain. The DevTeam will vote to approve | ||
The community will NOT be voting to directly approve code updates. There' | The community will NOT be voting to directly approve code updates. There' | ||
The community will always be able to submit proposals and vote on them. This can be done by anyone. If they are approved by the community vote, they will get passed on to the DevTeam for review and to determine what is actually possible. The DevTeam will make changes to the concept if necessary, then submit a final approval for the community to vote on. Thereafter, the DevTeam will move forward with development of the concept. | The community will always be able to submit proposals and vote on them. This can be done by anyone. If they are approved by the community vote, they will get passed on to the DevTeam for review and to determine what is actually possible. The DevTeam will make changes to the concept if necessary, then submit a final approval for the community to vote on. Thereafter, the DevTeam will move forward with development of the concept. | ||
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+ | In regard to projects that wish to have their own minting system and/or asset, they will be required to submit a proposal to be reviewed by the Dev Team. The Dev Team will then submit a summary to the community as to what the project entails and is worth a community vote to approve. The community will then vote to approve and development of the project can begin. | ||
Of course at any time, anyone is able to submit pull requests. That will always remain an option and has nothing to do with the Voting System. | Of course at any time, anyone is able to submit pull requests. That will always remain an option and has nothing to do with the Voting System. | ||
- | Voting System is expected to be implemented | + | Voting System is expected to be implemented |
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+ | We also have made a blog explaining how Qortal is not a DAO: https:// |