Post
Topic
Board Announcements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
ldrgn
on 10/03/2015, 03:44:24 UTC
You will have to exclude 1MaStErt4XsYHPwfrN9TpgdURLhHTdMenH from voting, since they hold ~25K of users' coins, and so are other exchanges like BTER and Poloniex.

Agreed Mish, services and exchanges are not allowed to vote with others' omnis. Good catch.


How might we enforce this? The community can audit the votes and we can rely on the honor system so much, but can we think of a way to programmatically ensure that such votes are not counted?

Edit: I suppose agoristically, one way the whole community could work against this is to remove their omnis from a centralized exchange or service to counter this. Not very practical, but voluntaristic. I also think such an action by a service would be self-defeating in terms of reputation so that's another counter. Additionally, we have good relationships with the exchanges so I don't think an operator would feel too inclined to do such a thing with their customers' funds against our will.

Bitcoin/Mastercoin transactions don't have a "from" address and problems like the above come from that.  If you try and dance around it you encourage address reuse (or worse!) which is a bad practice and has some security/anonymity problems.

You've got 5 candidates and 5 board seats, just call the election and sidestep this stuff.  The blockchain really doesn't work for voting.