Gridcoin poll: Should DistributedDataMining (DDM) be removed from the whitelist? (vote until January 29)

in gridcoin •  2 years ago  (edited)


Until 29th January, 2017 Gridcoin users can vote in this poll:


     Should DDM be removed from the whitelist?


Results so far (A), on:




You can see other ongoing polls here.


Further info:



You can vote like this:




Windows users:


  • If your wallet is encrypted, fully unlock the wallet (not just for 'staking only').
  • Click "Advanced", then click "Voting" to launch the voting menu.
  • Right-click on "Should DDM be removed from the whitelist?"
  • Click "vote".



Linux users (QT Wallet/daemon):


  • Fully unlock your wallet.
  • Navigate to the Debug Console (Help - Debug Window - Console (tab) )
  • Enter one of the following commands:
  • e.g. vote with YES like this: execute vote whitelist_poll_:_should_ddm_be_removed_from_the_whitelist? Yes
  • e.g. vote with NO like this: execute vote whitelist_poll_:_should_ddm_be_removed_from_the_whitelist? No


notes:

  • (A): Poll results on Gridcoin Research Corp are still calculated by the old formula when magnitude and balance was 50%/50%. GridcoinStats displays poll results by the new formula that was voted new ca. a month ago.
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@erkan: Please note that the poll results on Gridcoin Research Corp are still calculated by the old formula when Mag+Balance was 50%/50%. GridcoinStats displays poll results by the new formula that was voted trough a month ago.

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Thanks I will add a note from now on.

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  ·  2 years ago (edited)

Anyone who's more interested can check this threads:

https://cryptocointalk.com/topic/40773-discussion-magnitudebalance-voting-type-magnitude-weight-unbalanced

https://github.com/gridcoin/Gridcoin-Research/issues/87

TL;DR Now the ratio is 5.67:1 (Balance:Magnitude), so a high balance (i.e. plenty of GRC in your wallet) yields a large voting weight in these Magnitude+Balance polls.

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This is actually backwards. The ratio is 5.67:1 (Magnitude:Balance), thus your magnitude is multiplied by 5.67 and then added to your balance for your vote weight.

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  ·  2 years ago (edited)

That's not correct, you have probably misunderstood the voting weight formula. Indeed, 5.67 is shown next to Magnitude, but you have to take into account the whole value in parentheses, not just 5.67.

voting weight = ((Total coins)/115000/5.67)*(Magnitude) + Balance

the DDM poll has ended, and:

85.79% of the shares supported the removal from the whitelist