NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6

Insufficient Votes Hang Bitcoin Foundation Election

Yashu Gola
Yashu Gola
Last Updated: October 7, 2020 11:34 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The Bitcoin Foundation recently announced to conduct a runoff election for its two individual board seats, as previous ballot failed to designate a clear winner.

Insufficient Votes Hang Bitcoin Foundation Election

The results somewhat contradicted with one of the Bitcoin Foundation’s bylaws that requires candidates to obtain at least 50% approval in order to qualify for the board seat. As per one list published on the foundation’s blog, the top contender — Olivier Janssens — managed to secure around 46.7% approval, followed by Jim Harper, Bruce Fenton and Michael Perkily who ended up securing 41.2%, 30.9%, and 30% approval rate, respectively.

“Given that none of the candidates received at least 50% of the vote, we will be holding a runoff election for the two individual board seats,” the Bitcoin Foundation Marketing Director Jinyoung Lee Englund said. “The four [aforementioned] candidates that received the most number of votes will be available for selection in this runoff election.”

Candidates were Already Concerned

A few days before the results, the Bitcoin Foundation candidates had also exhibited their concerns over the low voter turnout. They briefly criticized the organization absenteeism when it came to encourage the eligible voters to participate in the election. According to the available sources, the Bitcoin Foundation only relied on its local message board and email campaign when it came to updating voters about the account activation requirements.

“The requirement to activate accounts,” said Fenton, “was not announced on the Bitcoin Foundation home page (nor was the election itself!) or on Reddit or on Bitcoin Talk, two of the most popular industry news sources.”

As a result, only 13% of the total 1,523 voters turned up for the election.

Registration Reopened 

The criticism somewhat influenced the Bitcoin Foundation to reopen registrations for the upcoming runoff elections. It will be open today and be available through Monday, February 23, 2015 at 11:59pm EST.

The runoff election will be held between February 24 and 28.

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Comments 2

  1. Anon Wibble says:
    11 years ago

    Nobody wants bitcoin to be managed by a central body.

    Reply
  2. votingmachine says:
    11 years ago

    13% of the total 1523 voters actually voted? Is that right? 198 people are voting? And 4 candidates to advance to a runoff election. Were 198 people running also?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. Anon Wibble says:
    11 years ago

    Nobody wants bitcoin to be managed by a central body.

    Reply
  2. votingmachine says:
    11 years ago

    13% of the total 1523 voters actually voted? Is that right? 198 people are voting? And 4 candidates to advance to a runoff election. Were 198 people running also?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

SOL

La ce preț poate ajunge Solana în 2026?

Dacă există o monedă care a demonstrat o reziliență impresionantă pe tot parcursul anului 2025, aceea este Solana. Într-o piață...

antonio 31 minutes ago
Ethereum, ETH, Crypto

All Eyes On Ethereum: Price Attempts Key Breakout As BlackRock Files For Staked ETH ETF

After weeks of speculation, BlackRock, the world’s largest asset manager, has officially filed for a staked Ethereum (ETH) Exchange-Traded Fund...

Rubmar Garcia 1 hour ago
Bitcoin

Did 2025 Mark A Bear Market For Bitcoin? Predictions Point To A $150,000 Rally In 2026

As Bitcoin (BTC) experienced significant volatility throughout the year, reaching new all-time highs (ATHs) before enduring sharp corrections of up...

Ronaldo Marquez 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Hyper nonāk uzmanības centrā pēc konkurenta neveiksmīgā starta

lasma Just now
bitcoin-hyper-bitcoin-layer2-presale-potential-analysis

幣安社群負責人知情?員工「一分鐘提早發幣」內幕曝光,誰應為這場迷因幣騙局負責?

Ter Yim 28 minutes ago
Bitcoin

New Bitcoin Crash Incoming? Twenty One Capital Moves 43,500 BTC Amid Major Losses

Ronaldo Marquez 30 minutes ago

Premium Sponsors

Press Releases

  • ドージコイン 今後 の予測ではレンジ相場が続く一方、新たな暗号資産は資金調達額が2,910万ドルに到達した。

    ドージコイン 今後...

    17 hours ago
  • リップル 今後を読む:2025〜2026年の相場予測と投資候補の最新動向

    リップル...

    18 hours ago
  • 仮想通貨 プレセール:2025年末までに注目しておきたい有望プロジェクトを専門家が選出

    仮想通貨...

    18 hours ago
  • 仮想通貨 おすすめ:12月の下落相場に強い新興ビットコイン系プロジェクトが専門家の注目を集める

    仮想通貨...

    18 hours ago
  • 新しい仮想通貨が急浮上:主要アルトコインを凌ぐ力を備えた新興レイヤー2

    ...

    18 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.