December 2019 Report

POA Governance Updates Sept - Dec 2019

Summary

✅ The POA network is governed by a dynamic validator set. New validators were added to the set and several validators were removed. The current validator set along with Notary Licensure details can be viewed here (select POA Network in Network Dropdown): https://validators.poa.network/poa-dapps-validators

✅ A measure was proposed to reduce the minimal number of votes required to pass some types of future ballots (ballots related to adding/removing validators and reducing/increasing consensus thresholds). This measure passed, and the number was reduced from 8 to 5 required votes. This means future votes will require at least 5 participants, with a majority of "yes" votes needed to pass a measure.

✅ A measure to automatically redirect emission funds to the POA Foundation was proposed and approved. Previously, emission fund outcomes were voted on by validators. The result of this vote provides financial support to the POA Foundation team to aid future development efforts and accelerate POA token use-case expansion.

Additional voting information available at: https://voting.poa.network/poa-dapps-voting

Ballot types and properties are explained here.

Governance Ballot Details: Sept - Dec 2019

Proposal Date: September 27, 2019

• Type: Add Validator

• Keys Ballot ID: 47

• Description: "I would like to propose an excellent candidate to POA core network - Kyril Ihnatsyeu https://forum.poa.network/t/kiryl-ihnatsyeu-miami-fl-notary-public/1866/2. Kyril has been supportive of POA Network for more than 6 months. Kyril is based in Miami and has an active Florida notary license id 1561877 in a good standing. His intro covers his technical experience as well as business expertise. Please take a moment to familiarize yourself with his intro as well as reach out to him directly on telegram @igkiril"

• Result: Yes: 11, No: 0. Kyril Ihnatsyeu added to set.

Proposal Date: October 10, 2019

• Type: Remove Validator

• Keys Ballot ID: 48

• Description: "This is a ballot to remove Melanie Marsollier from consensus on POA Core"

• Result: Yes: 11, No:1. Melanie Marsollier removed from set.

Proposal Date: October 12, 2019

• Type: Remove Validator

• Keys Ballot ID: 49

• Description: "This is a ballot to remove Sherina Yang from consensus on POA Core and Sokol network. On October 11th, she requested to be removed from consensus and to remove her responsibilities as a validator."

• Result: Yes: 12, No: 1. Sherina Yang removed from set.

Proposal Date: October 14, 2019

• Type: Remove Validator

• Keys Ballot ID: 50

• Description: "Remove Marat Pekker as validator from core poa network"

• Result Yes: 4, No: 2. Required minimum threshold not reached.

Proposal Date: October 16, 2019

• Type: Remove Validator

• Keys Ballot ID: 51

• Description: "Remove minig key for Marat Pekker so it will remove all three keys."

• Result: Yes: 10, No: 0. Mining key removed and Marat Pekker removed from validator set.

Proposal Date: October 16, 2019

• Type: Remove Validator

• Keys Ballot ID: 52

• Description: "This is a ballot to remove Artiom Curencov from consensus on Core."

• Result: Yes: 10, No: 0. Artiom Curencov removed from set.

Proposal Date: October 21, 2019

• Type: Lower Consensus Threshold

• Consensus Ballot ID: 2

• Description: "This is a proposal to lower the minimum consensus threshold to 5 votes. Approving this ballot will lower the consensus threshold value from 8 to 5 votes. If this proposal passes future ballots with less than 5 votes cast will fail."

• Result: Yes: 7 No: 3 The measure was passed as 10 votes were tabulated (more than the minimum required 8) and the majority favored the ballot. The new minimum threshold is now 5 for keys & consensus ballots. Proxy and emissions ballots are excluded, as these require a majority of total validators for approval.

Proposal Date: November 6, 2019

• Type: Update RewardByBlock Contract

• Proxy Ballot ID: 2

• Description: "Regarding new emission funds proposal https://forum.poa.network/t/proposal-to-change-the-receiver-of-sustainability-emission-from-the-emissionfunds-contract-to-the-poa-foundation-multisig-wallet/3118"

• Result: Yes: 14, No: 0. POA Foundation will receive emission funds directly.

Proposal Date: November 6, 2019

• Type: Update RewardByBlock Contract

• Proxy Ballot ID: 2

• Description: "Regarding new emission funds proposal https://forum.poa.network/t/proposal-to-change-the-receiver-of-sustainability-emission-from-the-emissionfunds-contract-to-the-poa-foundation-multisig-wallet/3118"

• Result: Yes: 14, No: 0. POA Foundation will receive emission funds directly.

Proposal Date: December 14, 2019

• Type: Add Validator

• Keys Ballot ID: 53

• Description: "New Validator Proposal: Siarhei Barylau Notary Commission Number: 2247900 Commission expiration date: 06/28/2022 Notary search link: http://canotary.info/notaries/?comm_num=2247900 intro: https://forum.poa.network/t/siarhei-barylau-ca-notary-public/1423"

• Result: Yes: 8, No: 1. Siarhei Barylau added to set.