Bitcoin Foundation says it will be the first to use blockchain technology for a voting process when members cast their vote in the runoff election for the remaining board seats.
The runoff was called after no candidate was successful in securing more than 50% of the original vote, as required by foundation by-laws. The runoff will be between the four candidates who received the most votes during the first round.
The foundation did warn that the feature is in beta and that it will be the first time it’s tried. As such, the process may be choppy and “members may not experience the most seamless process.” Patrick Murck, the foundation’s executive director, said:
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“The Foundation’s mission is to advance blockchain technology and this is an important new avenue of innovation. While we may not have the smoothest experience in this experimental launch, it’s important for us to push the boundaries and spark innovation — even if things get a little messy sometimes.”
The foundation also said that it partnered with crypto-crowdfunder Swarm to create the platform. Swarm works with blockchain technology to facilitate a platform for decentralized crowdfunding.
Foundation members who are eligible for voting will receive an email from Swarm with instructions on the voting process. Should the initiative fail, the foundation will revert to its Helios platform for the vote.