Community Sentiment Polling Results (NU4) and draft ZIP 1014

It’s absolutly ok that coin holders express their opinions, the problem lies elswhere and it’s fascinating how again the opposition which shows the flaws of the current coin weighted mechanism is called “saboteurs and such like.”

[Moderation edit by @daira: the only use of the word “saboteur” in this discussion was a comment by @zooko where he said “I think that in practice, coin-holders who sincerely believe in the future of Zcash are willing and able to speak with a much louder voice than saboteurs are.” In context, it is clear that this was referring to potential attackers who could exploit integrity flaws of the voting protocol, and not to those arguing against the use of that protocol (or against use of coin-holder voting/petitioning more generally). @zooko’s statement is of course highly disputable, but that is not the immediate issue.]

IF it’s all about giving coin holders a vote and voice, so it be, but the current problem lies as well and not that coin holders should not have a voice:

  • If it’s that important for the ECC, Zooko, you, where have you been the last months? Why didn’t you all use the time to inform coin holders that such sentiment gathering will be an option? You guys just waited several days until the official helios voting begun and than introduced it without preparation, without anything out of nothing. Which could be seen as it’s a tool for insiders only. Damn, there isn’t even an announcement on the ECC page/twitter account. So how the hell do you think coin holders will express their opinions and views expect the view choosen holy insiders?

  • IF the coin holders voicces should be heared, why use pure weighted voting? Make it a 0.001 ZEC voting and i could bet at least 50x more coinholders would join, including me. As this doesn’t seem to be an option for you it seems the intention is to use the big voting power of the insiders only instead giving smaller coin holders the same voting power.

  • Coin weighted voting, especially for not that much technically advanced coin holders is a risky game. Is it really necessary IF the intention is to gain sentiment? With a 0.001 ZEC voting you eleminate the risk of loosing or exposing funds. But again, I would go even that far as saying that the there are many unnecessary burdens and traps that prevent coinholders from using the current coin-weighted mechanism due exactly these risks.

I doubt you will get an answer on this one bevor the voting ends. Thumbs up for having the endurance to ask this important question again and again!

2 Likes