Bitcoin Cash Redditor Suggests Different Voting Model

Bitcoin Cash community user published a post “Bitcoin Cash Governance Model improvements” He wants to help BCH integrate some upgrades and new options

Sun, 16/09/2018 - 10:56

Bitcoin Cash Redditor Suggests Different Voting Model

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On Saturday, a Bitcoin Cash community user published a post dubbed “Bitcoin Cash Governance Model improvements” in the r/btc Subreddit.

The author nicknamed BTC_StKN, apparently, wants to help BCH integrate some upgrades and new options. StKN objects to the miner voting approach, saying that it turned into a failure for Bitcoin when SegWit2x was suggested.

Basically, the user rejects the currently existing model. However, he does propose several solutions. Among other things, he believes that coin holders could give their vote to approve or reject decisions on various issues. But he also leaves it to the BCH team to decide on the new scheme.

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Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.