It seems to me that exchanges hold almost all their ZEC in transparent form. And companies like Cypherpunk stated they wouldn’t use their ZEC to vote, given that their custodians weren’t ready yet.
My primary concern is that the transparent ZEC can be held as 1:1 collateral against shielded ZEC via private off-chain legally binding contracts to gain voting power of the transparent ZEC without actually swapping it. You’re renting someone’s ZEC to “buy” their vote essentially.
I expect that shielded ZEC holding/rental protocols or businesses in the future will almost definitely do it, if it isn’t already being done now.
I had an agent quickly calculate the percentages and create a svg to illustrate them. Maybe this is useful for others. Personally, I am happy with the results.
why does it look like the average Soviet general secretary election in the Politburo
(this is poking fun I’m not serious please do not overanalyse this comment I just like Soviet jokes message me if you want to hear a Soviet joke)
In the Russell 3000, for example, average support level [for board-endorsed candidates in director elections] went from 98.2 percent of votes cast in 2017 [17] to 95.1 percent in 2020 and 94.1 percent in 2022.
In North Korea, for example, average support level [for Politburo-endorsed candidates in Supreme Leader elections] went from 100.0 percent of votes cast in 2019 to 99.93 percent in 2026.
I didn’t choose the name shareholder democracy, but that’s what it’s called. And I agree, it’s very different from a system where a red and a blue party each get ~50% of the vote.
If you subtract 2.3 mm from the winning votes the results are the same in three cases and change only for reissuance start date (would be immediately) and Sprout deprecation (no date).
It is also interesting to compare with ZCAP results which differ in questions 1 and 2.
