December 2019 Report
POA Governance Updates Sept - Dec 2019
Last updated
Was this helpful?
POA Governance Updates Sept - Dec 2019
Last updated
Was this helpful?
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):
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, . The result of this vote provides financial support to the POA Foundation team to aid future development efforts and accelerate .
Type: Add Validator
Keys Ballot ID: 47
Description: "I would like to propose an excellent candidate to POA core network - Kyril Ihnatsyeu . 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.
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.
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.
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.
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.
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.
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.
Type: Update RewardByBlock Contract
Proxy Ballot ID: 2
Result: Yes: 14, No: 0. POA Foundation will receive emission funds directly.
Type: Update RewardByBlock Contract
Proxy Ballot ID: 2
Result: Yes: 14, No: 0. POA Foundation will receive emission funds directly.
Type: Add Validator
Keys Ballot ID: 53
Result: Yes: 8, No: 1. Siarhei Barylau added to set.
Description: "Regarding new emission funds proposal "
Description: "Regarding new emission funds proposal "
Description: "New Validator Proposal: Siarhei Barylau Notary Commission Number: 2247900 Commission expiration date: 06/28/2022 Notary search link: intro: "