ZECpages polling: Upsides - simple, safe, permissionless, as private and unlikable as Zcash itself, encourages shielded wallet adoption. Downsides: No guarantee of skin-in-the-ZEC-game, anonymous means no reputation at risk.
As for this one:
Coin-weighted polling: Upside - Any ZEC holder can participate (theoretically; obviously the current UX is terrible). Coin weight is some representation of skin in the game. Downside - Anonymous means no reputation at stake. Borrow-to-vote schemes. Wealthier participants have heavier voice.
I think you forgot to mention all the complexity, privacy, and fund-safety risk that the current version has. And the resulting bias towards voters who are either exceptionally technically competent, or don’t understand the technology well enough to realize the risks.
I understand this polling is not optimal in its current form but let’s not have perfection be the enemy of good.
The step by step method is indeed tedious but it’s totally doable. The first step is to send an extremely small amount in order to cast your vote: everybody can do it. The second step is to send some tokens to that same t-address to give weight to that vote; here too, everybody can do it.
This vote is important. Yes it is a token holders vote and the more tokens you have, the more your voice counts. But it’s the same people that give financial value to the project. Some people are steering the project due to their reputation, some others stay quiet and only hold their tokens. Both are important, both are valuable.
Again, if you have your tokens in your ledger and don’t feel like moving them, it’s very reasonable. But it’s better you vote with 0.0001 ZEC than just stay on the sidelines.
Show that you care so we can get more of such votes. If we show enough interest for it, we will very likely get better voting methods in the future. If we show that we don’t care… you know where this goes.
Shia LaBeouf “Just Do It”
Then remind me, why not just use ZECpages polling, which is much simpler, safer to your funds, and actually private?
Also, what you wrote is just wrong. A coin-weighted vote placed using 0.0001 ZEC is completely negligible, and won’t noticeably affect the outcome even if a thousand people placed such votes, if you take coin-weighting seriously. (And if you don’t, then again remind me what’s wrong with ZECpages).
This is just weird. I keep asking “why isn’t ZECpages better”, but somehow many people here just pretend like this option doesn’t exist, and that the only way to “give people a voice” is by giving insecure non-private t-address jumping-through-hoops a voice.
Maybe it’s related to the questions asked… They are basically Y/N questions. The only useful outcome I can see is the percentage of Y vs N. With ZecPages polling, one can easily vote multiple times.
It only costs 0.001 ZEC to make a ZECpages vote. Roughly $0.11 per vote. What stops a person from sending in 100 or even 1000 votes?
Nothing. Just like nothing stop people from participating a thousand times in the “Coin Holder Polling”, and we keep hearing that every little vote (e.g., even of 0.0001 ZEC according to @stickyplot above) matters. What’s the difference?
Maybe it’s related to the questions asked… They are basically Y/N questions. The only useful outcome I can see is the percentage of Y vs N.
Yeah. Personally I care more about open-ended textual comments (regardless of whether they’re on zecpages, the forum or the t-address coin-weighted voting) than the tallying Y/N votes when the weights are absurdly biased.
Anyone can start a poll, feel free to start one on ZECpages. My point was not particularly accurate on some aspects, but one. The one on the importance to take action instead of complaining.
Ideally balance both:
I find this poll tedious (constructive criticism)
I will take the time to vote even if it is unclear whether it will make a difference (willingness to give it a chance)
By analogy with SMS voting? Then it cannot be considered a weighted vote. The weight should be determined by the number of coins, not the number of votes.
Results of Coin Holder Polling with one day left to Vote
1e apologize for this poll; 2e apologize for this poll; 3y
1A; 2C; 3Y
1B; 2E A trustless bridge to Secret Network, providing private cross-chain DEX, NFTs, smart contracts with one project; 3Y
1B;2A;3Y
1A; 2A; 3Y
1D; 2B 100% pure Swiss made POS; 3Y
1B Swiss Made POS; 2A; 3Y
1A; 2B; 3Y
1c; 2b; 3Y;
1D; 2C; 3Y
1B; 2D; 3Y
1B; 2A
1D; 2C; 3Y
1D; 2E Marketing and visibility; 3Y
1B;2A;3Y
1D; 2C; 3Y
I love that ZEC users have both options for ZECpages polls versus this kind of coin-weighted poll. ZECpages approach is way better in terms of usability right now, and I love how easy it is for anyone to construct a poll there. I think we can make coin-weighted polling similarly usable in the future.
Usability aside, the primary difference is hopefully obvious to everyone:
In a ZECpages poll voters pay to vote. They do not keep their ZEC.
In a coin-weighted poll, voters keep their ZEC.
Think about the difference for yourself:
How much would you pay to express your preference?
How much would you reveal (while keeping ownership of it) to express your preference?
How do those answers compare to other options like signing up for a forum account or joining the CAP and then participating there?
Obviously anyone posting here has already taken the step to sign up on the forum, but I do note several people have recently joined the forum claiming that they’ve been long time ZEC holders but never previously joined the forums. How many people are in that category?
There may be some bugs or snags still, but I invite anyone who wants to run this with their own zcashd instance to tally the results locally.
And remember, there’s a very convenient way to glance at the raw vote memos as they roll in with the Viewing Key and https://zcashblockexplorer.com 's useful Viewing Key tool feature, as described in the original post.
It should update each block, up until the cutoff / snapshot height of 1410115. It may very well have bugs or flaws, so double check the results.
Also, as a reminder, there are still approximately 4.5 hours left for results to change. If you haven’t participated yet, or want to change your vote preferences, now’s the time!
