Update 2: Gridcoin poll definitions, requirements, and validation parameters

in #gridcoin6 years ago

Main Discussion Thread - Github

Poll

The poll continues until May 8th. Don't forget to vote!

Remember: AVW is based on the number of coins actively securing the network during the length of the poll. This means that it is variable until the poll concludes. This means that we are working with probabilities of validation until the poll concludes. This means that, even though the poll is validated now, it is still at risk of being invalidated.

This means that every vote matters until the end of the poll. Don't be sedated, participate! It really does makes a difference.

Votes

Total Votes: 99

OptionVotesPercentage
Yes9399.65%
No10%
Abstain50.35%

Validation

Voting Shares: 75,545,138

AVW Shares: 162,233,564

AVW Validation: 46.57%

Validation Requirement: 40% AVW

VALIDATION STATUS: Validated

Source: Gridcoinstats



Update

Two questions have been raised since the last update. One on where the AVW percentages comes from, with particular regard to the 20% management poll validation. The other asks for clarification on how AVW is derived. Both have been addressed on the main discussion thread (the GitHub one).

Any other questions, do ask!

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