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RE: ARCHON Governance and Multi-Signature - The key to POB decentralization and governance

in Proof of Brain3 years ago

See

  1. 51% of the whole POB staked must have voted ( either yes or no , it doesn't matter first , basically 51% must and should vote )
    Ex: Let's say totally 100 accounts have staked 1000 POB .

So in order for the proposal to be valid 510 POB staked accounts must vote ( if this is only 2 accounts then also it will be valid )

  1. Now let's say 60% have voted either for yes or no okay ? Then 1 is valid . Now out of this 60% people , if 50%+ has voted for yes then it passes otherwise it fails .
    Remember , here too the 50% is based on POB staked . So

Ex2: If 600 POB staked account have voted , then 300+ POB staked account should have voted for YES for the proposal to pass .


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