I would like to withdraw my proposal from your self-appointed vote. If you want to let a majority decide about economic policy of a currency, I suggest fiat currencies. They have been using this approach for quite a while, I hear. Bitcoin's consensus rules are a consensus system, not a democracy. Find a solution that everyone agrees on, or don't. On Aug 4, 2015 9:51 AM, "jl2012 via bitcoin-dev" < bitcoin-dev@lists.linuxfoundation.org> wrote: > As now we have some concrete proposals ( > https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009808.html), > I think we should wrap up the endless debate with voting by different > stakeholder groups. > > --------------------------------- > Candidate proposals > > Candidate proposals must be complete BIPs with reference implementation > which are ready to merge immediately. They must first go through the usual > peer review process and get approved by the developers in a technical > standpoint, without political or philosophical considerations. Any fine > tune of a candidate proposal may not become an independent candidate, > unless it introduces some “real” difference. “No change” is also one of the > voting options. > --------------------------------- > Voter groups > > There will be several voter groups and their votes will be counted > independently. (The time frames mentioned below are just for example.) > > Miners: miners of blocks with timestamp between 1 to 30 Sept 2015 are > eligible to vote. One block one vote. Miners will cast their votes by > signing with the bitcoin address in coinbase. If there are multiple > coinbase outputs, the vote is discounted by output value / total coinbase > output value. > Many well-known pools are reusing addresses and they may not need to > digitally sign their votes. In case there is any dispute, the digitally > signed vote will be counted. > > Bitcoin holders: People with bitcoin in the UTXO at block 372500 (around > early September) are eligible to vote. The total “balance” of each > scriptPubKey is calculated and this is the weight of the vote. People will > cast their votes by digital signature. > Special output types: > Multi-sig: vote must be signed according to the setting of the multi-sig. > P2SH: the serialized script must be provided > Publicly known private key: not eligible to vote > Non-standard script according to latest Bitcoin Core rules: not eligible > to vote in general. May be judged case-by-case > > Developers: People with certain amount of contribution in the past year in > Bitcoin Core or other open sources wallet / alternative implementations. > One person one vote. > > Exchanges: Centralized exchanges listed on Coindesk Bitcoin Index, > Winkdex, or NYSE Bitcoin index, with 30 days volume >100,000BTC are > invited. This includes Bitfinex, BTC China, BitStamp, BTC-E, itBit, OKCoin, > Huobi, Coinbase. Exchanges operated for at least 1 year with 100,000BTC > 30-day volume may also apply to be a voter in this category. One exchange > one vote. > > Merchants and service providers: This category includes all bitcoin > accepting business that is not centralized fiat-currency exchange, e.g. > virtual or physical stores, gambling sites, online wallet service, payment > processors like Bitpay, decentralized exchange like Localbitcoin, ETF > operators like Secondmarket Bitcoin Investment Trust. They must directly > process bitcoin without relying on third party. They should process at > least 100BTC in the last 30-days. One merchant one vote. > > Full nodes operators: People operating full nodes for at least 168 hours > (1 week) in July 2015 are eligible to vote, determined by the log of > Bitnodes. Time is set in the past to avoid manipulation. One IP address one > vote. Vote must be sent from the node’s IP address. > > -------------------- > Voting system > > Single transferable vote is applied. ( > https://en.wikipedia.org/wiki/Single_transferable_vote). Voters are > required to rank their preference with “1”, “2”, “3”, etc, or use “N” to > indicate rejection of a candidate. > Vote counting starts with every voter’s first choice. The candidate with > fewest votes is eliminated and those votes are transferred according to > their second choice. This process repeats until only one candidate is left, > which is the most popular candidate. The result is presented as the > approval rate: final votes for the most popular candidate / all valid votes > > After the most popular candidate is determined, the whole counting process > is repeated by eliminating this candidate, which will find the approval > rate for the second most popular candidate. The process repeats until all > proposals are ranked with the approval rate calculated. > > -------------------- > Interpretation of results: > > It is possible that a candidate with lower ranking to have higher approval > rate. However, ranking is more important than the approval rate, unless the > difference in approval rate is really huge. 90% support would be excellent; > 70% is good; 50% is marginal; <50% is failed. > > -------------------- > Technical issues: > > Voting by the miners, developers, exchanges, and merchants are probably > the easiest. We need a trusted person to verify the voters’ identity by > email, website, or digital signature. The trusted person will collect votes > and publish the named votes so anyone could verify the results. > > For full nodes, we need a trusted person to setup a website as an > interface to vote. The votes with IP address will be published. > > For bitcoin holders, the workload could be very high and we may need some > automatic system to collect and count the votes. If people are worrying > about reduced security due to exposed raw public key, they should move > their bitcoin to a new address before voting. > > Double voting: people are generally not allowed to change their mind after > voting, especially for anonymous voters like bitcoin holders and solo > miners. A double voting attempt from these classes will invalidate all > related votes. > > Multiple identity: People may have multiple roles in the Bitcoin ecology. > I believe they should be allowed to vote in all applicable categories since > they are contributing more than other people. > > _______________________________________________ > bitcoin-dev mailing list > bitcoin-dev@lists.linuxfoundation.org > https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev >