Insufficient Votes Hang Bitcoin Foundation Election: Runoff Will Be Held
The Bitcoin Foundation recently announced to conduct a runoff election for its two individual board seats, as previous ballot failed to designate a clear winner. The results somewhat contradicted with one of the Bitcoin Foundation's bylaws that requires candidates to obtain at least 50% approval in order to qualify for the board seat. As per one list published on the foundation's blog, the top contender - Olivier Janssens - managed to secure around 46.7% approval, followed by Jim Harper, Bruce Fenton and Michael Perkily who ended up securing 41.2%, 30.9%, and 30% approval rate,....
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Voting in the ongoing election to fill the Bitcoin Foundation's two vacant Board of Directors seats has officially resumed with the start of a second round of voting featuring the top three remaining candidates. The Bitcoin Foundation launched the second round of voting after the first ended with no candidates reaching the minimum vote threshold necessary for election. The outcome was one of several possible conclusions owing to the wording of the Bitcoin Foundation's by-laws. The runoff round began at 9am EDT on 6th May and will last until 11.59pm EDT on 8th May, according to Brian Goss,....
Olivier Janssens and Jim Harper eventually ended up as the winners of the recently-held Bitcoin Foundation election after procuring 277 and 264 votes, respectively. Their nearest rival Michael Perklin managed to bag only 229 out of the total 440 casted votes. The election, that was held in order to democratically elect the two new board members for the Bitcoin Foundation, facedcriticism for being poorly managed. The foundation was accused by its lifetime and annual members of parachuting to a new, untested on-blockchain voting platform that eventually turned out to be highly lapsed. This....
An election to fill two individual member seats at the Bitcoin Foundation has ended without a clear winner, voting results show. The Bitcoin Foundation reports that none of the 13 candidates received at least 50% of the vote from foundation members, a development that will result in another round of voting. Participants in the run-off election will include entrepreneur Olivier Janssens, former foundation global policy counsel Jim Harper, Atlantic Financial's Bruce Fenton and Michael Perklin of the CryptoCurrency Certification Consortium (C4), each of whom received at least 30% of the vote.....
A vote to fill two vacant seats on the Bitcoin Foundation's Board of Directors has ended with no candidate garnering enough votes to secure a position. Candidates needed at least 52 votes to be elected to a seat, however, no-one passed this voting threshold, election results show. However, despite no candidates being elected, clear favorites for the positions did emerge. BTC China CEO Bobby Lee received 44 votes, while venture capital Brock Pierce and Gyft CEO Vinny Lingham finished second and third in the voting, capturing 34 and 21 votes respectively. The foundation will now hold a....
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....