Author: Matt Whitlock 2015-06-12 18:36:31
Published on: 2015-06-12T18:36:31+00:00
On June 12, 2015, Peter Todd and Matt Whitlock discussed the use of bits for voting in the Bitcoin network. Whitlock suggested using two bits to allow users to vote for 'no preference,' 'remain the same,' 'halve,' or 'double' the limit. Todd agreed with this encoding method and proposed taking the plurality of the three options after discarding 'no preference' votes. Todd also corrected Whitlock's use of 'median' instead of 'plurality.' The discussion aimed to improve the Bitcoin network's governance process.
Updated on: 2023-06-09T22:58:13.091831+00:00