Resources
Full Proposal
Full Proposal
Written Updates
CBR Update 1
CBR Update 2
CBR Update 3
Recorded Discussions
Gridcoin Hangout #55
The Fireside Chat 03 - CBR
The Fireside Chat 08 - CBR + MRC + Sidestaking
Summary
- 75/25 split with 10 GRC block reward is the winning option
- The next step is testnet
- The implementation timeline will be decided on by core devs based on what else needs to be done
The Poll
The poll ended June 6th at 4:36 UTC.
A total of 331 votes were cast.
The table and stats below are based on figures from the Gridcoinstats block explorer which, at the time of this posting, has not updated the most recent 5 votes. It is based off of 326 votes. The most up to date results can always be found in the client by clicking "Load History" in the voting tab.
Results
| Option | Votes | Share % |
|---|---|---|
| 75/25 With A 10 Grc Block Reward | 172 | 65 |
| 85/15 With A 5 Grc Block Reward | 82 | 27.64 |
| 70/30 With A 13 Grc Block Reward | 13 | 2.95 |
| 65/35 With A 16 Grc Block Reward | 25 | 2.43 |
| Reject Proposal | 12 | 0.83 |
| 80/20 With A 7 Grc Block Reward | 35 | 0.83 |
| Abstain | 12 | 0.31 |
Participation
| Active Vote-Weight Shares | 88,629,670 |
| Voting Shares | 128,130,113 |
| AV-W Percentage | 144.57% |
| Validation Status | Super Validated |
Pool Votes
GRC pool registered 638 additional votes with the majority of shares also going for the 75/25 split.
These results can be viewed here.
Future Action
The implementation timeline will ultimately be made by core devs.
- Get CBR builds on testnet
- At least 1 month of testing, likely several months
- Implement through a mandatory update
As has been discussed, CBR and MRC (or some new research reward distribution mechanism) are closely related and may be implemented at the same time or in relatively rapid succession. If this is the case, CBR will likely be held until MRC is ready to go. MRC is currently in the pre-development stages where discussions on implementation details are still being discussed. This can take some time. Feel free to get involved with the discussions on github, slack, discord, or any community forum!
Conclusion
Thank you everyone for your participation! We have successfully decided on a base economic model and block reward moving forward. We have also presented an example of how the active vote-weight metric works. This poll had more vote-weight participate than actively secured the network over the duration of the poll, which helps shows its importance in the eyes of network participants.