Quote from: zthomasz on September 22, 2018, 05:55:44 PM

For clarification, what are "outstanding votes"?

Also, will you give us an example(s) that include the different aspects you've discussed:

1) no one individual should vote more than 10% of the outstanding votes
2) they should never vote more than 5% of the outstanding votes "no".
3) This is because they must win by 10% margin of nodes
4) in the future I'm of the belief the percentage of nodes that vote will actually go down

Thanks

Outstanding votes: I mean we have 346 Sanctuaries in the info screen. The margin to pass a proposal is 10% of the total Sanctuaries, so that is important to understand the arguments I make. In hard numbers, right now, a proposal has to have 34 or 35 net yes votes to pass; i.e., 70 yes , 40 no = 30 net yes...less than 34 so failed proposal, 100 yes 60 no = 40 net yes greater than 34 so passed proposal. So when I refer to outstanding votes, I mean the 346 Sanctuaries that are eligible to vote.

In the below examples I'll use the number 34 for outstanding votes and margin needed for passing. I'll use 50 as the "whale" voter. I'll use 120 as the normal votes cast (when the whale is limited, there will be 86 other votes cast).

1) No one should vote more than 10% of the outstanding votes "yes". This means someone who controls 50 Sanctuaries (in the current environment) should only vote yes with no more than 34. This would be enough to pass a proposal if no one else voted. Otherwise, it would turn it into a simple "rest of the majority" rules situation (that is to say, if the community was evenly split, it would pass). I think this is fair as someone with 50 or more Sanctuaries has a lot of skin in the game, but limiting it to 10% of the outstanding votes means the rest of the community gets their consensus passed. So if the whale votes yes 34, the rest of the community will stop it if they vote 42 yes 44 no (only 32 net yes), but it will pass if they vote 43 yes 43 no (34 net yes)

2) Because it is a hurdle to get proposals passed, no one should vote more than 5% of the outstanding votes "no". This means if the "whale" votes 17 no, then the community can override the "whale" with a super majority of the remaining votes. So the rest of the voters could vote 43 yes, 43 no and it would fail (17 net no), 69 yes 17 no and it would pass (net 35 yes).

3) Margin of victory is 10%. Explained in the preamble.

4) In the future I'm of the belief the percentage of Sanctuaries that vote will go down. Right now the highest number of votes in the last round was 142. Most of the time 125 is more average. At 125, that means about 1/3 of the Sanctuaries vote. Notwithstanding that someone (most likely Rob) has cast the super majority of those votes, the general feeling is that there are about 50 votes at least that are not his. So excluding the theorized Rob votes, 50 is about 15% of the outstanding votes. Looking a DASH, they typically don't see much more than 20% of their Masternodes vote. If we limited ourselves the the above figures, we'd see 20-25% voting, there have only been a small percentage of DAHS votes that have had that turnout. As Sanctuaries begin to be spun up solely for income, they will increase the number of outstanding votes, yet be the most unlikely to vote about most issues. Put another way, if BBP Sanctuaries were $75,000, you woudn't see many individuals starting them, it would finally get to the point most new ones would be investors. They'll be less concerned about most issues than the average dedicated user (which is what we have now).