Bitcoin Foundation Plans New Nomination Process Before Elections
The Bitcoin Foundation has announced updates to its corporate governance structure, including stricter rules concerning terms for board members and suggestions for a new nomination process for elections. According to a blog post, the new elections are part of the Foundation's efforts to "instate a corporate governance structure that ensures consistency, stability and accurate representation of our membership for years to come". Two of the Foundation's most prominent personalities will face re-election by members to their board positions in December - chairman Peter Vessenes for his....
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With board elections just around the corner in January 2015, the Bitcoin Foundation is gearing up for the cycle with some new ideas when it comes to electing individuals who are a great fit for a seat on the board. Interestingly, this next election will be making use of a cryptographic voting system, but that's not all. The Bitcoin Foundation says they are considering forming a member-led nomination committee. "It is my sincere hope that the nominating committee can gather and organize input from the membership on what the ideal candidate characteristics would be for the open Individual....
In light of recent events, the Bitcoin Foundation will be holding an election for the vacant industry seat on the Board of Directors. Please feel free to see the blog post the Foundation put out today: Election for Vacant Industry Seat. The Bitcoin Foundation is holding an election for a vacant industry seat on its Board of Directors. Here's the overview: Nomination Deadline: April 7, 2014. To nominate, you must be an industry member of the Bitcoin Foundation. Become a member here. For this election, only Industry Members can nominate and vote for the Industry seat. See more specifics....
Starting with 13 Candidates in the first election round, the Bitcoin Foundation has chosen its new Directors after the elections ran to a secondary, runoff round. The Foundation allowed only the top four candidates from the first round into the runoffs, Bruce Fenton, Jim Harper, Michael Perklin, Olivier Janssens. And each candidate still required 50% approval to win a seat. The Bitcoin Foundation runoff elections have finished. Jim Harper and Olivier Janssens have won the two seats; the final tally was. Jim Harper 264 (60)%. Bruce Fenton 218 (50)%. Michael Perklin 229 (52)%. Olivier....
Recent reports revealed that the White House has withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission (CFTC) after the pro-crypto candidate’s confirmation process was stalled in July. Related Reading: Circle And Deutsche Börse Partner To Boost Stablecoin Adoption In Europe Quintenz’s CFTC Chair Nomination Withdrawn On Tuesday, Politico reported that the White […]
There has unfortunately been recent confusion with the Bitcoin Foundation Elections. We attempted to highlight the new criteria in our first article covering the Foundation elections and at the end of each following candidate article, gently nudged people that they might want to read the initial election article. That due to a recent change in the bylaws, members were required to "activate" their account for voting. This new change came about due to the previous election rules requiring a certain percentage of the membership to vote for a candidate for that candidate to win. Because of....