The Final Results of All-stakeholders Voting

2019-12-30 18:12
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The first ever All-stakeholders Voting has ended successfully on 10AM December 30, 2019, which has served as the first major step to reach VeChain’s goal of achieving a profound balance between community-based decentralization and enterprise-level execution efficiency.
The vote was to seek the agreement of the most important stakeholder in VeChain’s governance model, the community. The VeChain Steering Committee and Authority Masternodes decided to implement a temporary block list can only be permanently implemented with the approval of the community, and the Steering Committee was prepared to accept the voice of the community, no matter the result.

As the results show, the community has unanimously voted for the permanent implementation of the block list related to the recent Foundation buyback wallet theft to be introduced in VeChainThor v1.1.5. We would like to thank all the participants involved in the voting process, including Authority Masternodes, Economic X Nodes, Economic Nodes, and even non-Node holders which engaged in the conversation on social media for the mutual civility and respect shown during the voting process.
By the closing time of All-stakeholders Voting (10:00 UTC+8, December 30, 2019), the participation rate of each stakeholder category exceeds 15%, satisfies the minimum voting threshold and validates the voting process.

In light of the voting rules, between block#4,677,898 to block #4,721,015, a total quantity of 1,410 votes were counted as valid. The breakdown of the votes is as follows: 99.06% of the voting authority agree in favour of the block list being implemented permanently, and 0.94% disagreed.

To illustrate, 53.47% of Authority Node holders participated in the ballot, casting 54 votes. 19.00% of Economic X Node holders participated in the ballot, casting 848 votes. 17.70% of Economic Node holders participated in the ballot, casting 508 votes. More details can be seen in the following table.

* Note: The voting results were calculated based on the rules set in Announcing VeChain All-stakeholders Voting Relating to the Recent Foundation Buyback Wallet Incident, and all the voting records are available for independent verification at VeChain Explorer.

With the results being final, we will release another update the VeChainThor blockchain core node program, and work with all the Authority Masternodes to update and implement the block list permanently in the coming weeks.With this, the 727 million VET involved in the theft will be permanently taken out of the circulatory supply, and considered as burnt.

首个所有相关权益者投票已于北京时间12月30日上午10:00结束。唯链始终致力于在民主治理和高效执行中维持有机且持久的平衡,本次投票无疑是一次成功的印证。
本次投票旨在向唯链治理模型中最重要的相关权益者 — — 唯链社区成员,征求意见。在回购地址被盗事件中,12月18日经唯链战略决策委员会表决通过后,超级权益节点暂时启动黑名单。关于是否将黑名单永久加入唯链区块链,战略决策委员会将最终决定权交给社区进行投票表决。

根据最终投票结果显示,社区决定将事件涉及的黑名单永久写入唯链雷神区块链底层共识。在此,唯链基金会向所有社区成员在投票过程中展示出的理性、文明,以及互相尊重的态度表示衷心感谢。
截至北京时间2019年12月30日早10:00,每类投票人参与率均超过15%,因此投票最终结果生效。

根据投票规则,在区块高度#4,677,898至#4,721,015之间,有效票共计有1410次,其中99.06%表示同意将黑名单永久写入唯链雷神区块链底层共识,0.94%表示拒绝。

据统计,超级权益节点持有者投票参与率为53.47%,产生有效投票54次。经济X节点持有者投票参与率为19%,产生有效投票848次。经济节点持有者投票参与率为17.7%,产生有效投票508次。详情见下表:

* 提示:本次投票计算方式参照此前公布的投票规则,并且所有数据皆在唯链官方浏览器上公开,可供审核验算。

本次投票的最终结果,将通过最新的节点程序写入唯链雷神区块链底层共识,并通过超级权益节点升级正式生效,7.27亿个VET将从总供应量和流通量中永远减去,被视为销毁。
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