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RE: The top50 GRC addresses own 48% of all Gridcoins

in #gridcoin8 years ago (edited)

If you want to look at the power, look at this poll outcome:

The foundation wallet holds currently 22.4 million GRC (5.65% of all coins) and 4 months ago it was decided that we raise the "minimum vote weight required", meaning stuff like:

  • we need now much more "approval" by whales to spend the money from there (since we vote on what to spend it for)
  • "if a minimum were to be set now at 10%... no foundation poll except one (and barely) would've passed in the last 4 months (at least)." (here)