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Topic: MemoryCoin - How To Game The Voting To Get Free Coins (Read 2161 times)

legendary
Activity: 1470
Merit: 1030

So far, so good. What do I do with the private key?


Create a new wallet, then open the debug window and

importprivkey [label]

Wait until your grant shows up, then send it to your main wallet.
hero member
Activity: 560
Merit: 500

You want an address that starts MVTEoEo - this is the best type because the grant win will be issued as soon as you win it, and it never expires, so you'll continue accumulating grants
Use the command

oclvanitygen -X 50 MVTEoEo
It'll take a few hours - keep the private key, you'll use that later to claim the coins.

So far, so good. What do I do with the private key?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
i don't think they care about the voting system. this isn't congress. your coin would be cooler without it. i like Memorycoin other than the voting feature.

agreed
makes my head hurt and it sucks how people who can tolerate this "angle" are gonna get an edge on others..
legendary
Activity: 1470
Merit: 1030
We need more vote for EFF and Amnesty, so that the 2 unknown rich men don't get all the grants, and too show that the voting is not cheated.

Or may be the richest could stop voting for themselves to forge more confidence in memorycoin...

The pool voting exploit is a problem too.

I agree with you - it is in the large coin holders short term self-interest to vote to award grants to themselves, but it's in their enlightened self-interest to vote devs and the MC foundation. Not only do the devs and MC foundation add value to the coin, but as you say, if it is clear coin holders are voting for grants that benefit the coin (or for charity until there are credible grant proposals), that will increase confidence and value of the coin.

It'll be interesting to see whether self-interest or enlightened self-interest wins out.
sr. member
Activity: 248
Merit: 251
We need more vote for EFF and Amnesty, so that the 2 unknown rich men don't get all the grants, and too show that the voting is not cheated.

Or may be the richest could stop voting for themselves to forge more confidence in memorycoin...

The pool voting exploit is a problem too.
legendary
Activity: 1470
Merit: 1030
Here's the latest voting - notice I've added the balances of the top 20 addresses together with their preferences . . .

I'm going to stop posting these now . . they're cluttering up the thread too much. I'll shortly upload a new client, and you'll be able to see the voting results in your debug file in future.

-------------:
Vote Count:
-------------:
--------Grant Voting--------
---Current Balances------
186 addresses with balances. Printing Top 20
->Balance:2253 - MTukQztMUSXVrNhf9Wa2APd9tt5vKmCoeo
Preference 1 (5) MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP
Preference 2 (300000000) MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
->Balance:2160 - MJnUqrGpXzvyb3xSZTfWbguZ32Jis4YVhy
->Balance:1559 - MXCKZhsf41wR9hmWdt1iaKL9chNTEU8jxM
Preference 1 (5) MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z
Preference 2 (10) MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh
Preference 3 (20) MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
Preference 4 (30) MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N
->Balance:1488 - MBMtZbRwaVX8LgUgc25unK9pTMLfPff1Cm
Preference 1 (800) MVTEoEorjtwtccACwSTb53uJcjmjUnyexu
Preference 2 (900) MVTEoEoiZ8QhdkbiFmvWqA8RcWhg5QX9JA
->Balance:1464 - MBS6Zi9c3EBqUbuRPBKxN7cuD44ynfbJkB
->Balance:1247 - MCXkEvc9bgseKeg5yzuPWr1ZuzfhjZ937Z
Preference 1 (1000000) MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT
Preference 2 (2000000) MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN
Preference 3 (5000000) MVTEoEo2Sq1UHbGM8CN6hUPFB1n4QqR8ZK
->Balance:983 - MKywFdiEytSv3CRv4Ersc5RDkaBSfyq39h
Preference 1 (100000000) MVTEoEo4uCqy6jzggH9gTXRPgkuoo6ZvTX
->Balance:949 - MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
->Balance:936 - MUXXjstFsQuFchUcBK4hCtQ79tfrkRDQGr
->Balance:895 - MLdZXb6PTZ1Pz9iSsUF2UGtkTJ28Ek4GTS
Preference 1 (5) MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z
Preference 2 (20) MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N
Preference 3 (30) MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh
Preference 4 (100) MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
Preference 5 (1000000) MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT
->Balance:768 - MQJ2k7aDd7BoBRKkjyBGmE85FENHP1L8bK
->Balance:720 - MAgmUgXEizydwzk8stT7fKg6PBNxgdzr3m
Preference 1 (10) MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
Preference 2 (300) MVTE3E2ZEVqJJo7fEKYgAS4fKdEUScCr3z
Preference 3 (400) MVTEoEoyZywJ7gvHmZKJWK9nY1UtzzH1Aa
Preference 4 (500) MVTEoEosATGKUKV9KCsK8NxGg9tkxumfeR
Preference 5 (1000) MVTEoEoppa8mvP1V8AkLNKT8W3NvPr2BMp
->Balance:575 - MGbEJRGDeJKeNqGD4wmBnuwk5BWCkz1GLE
Preference 1 (5) MVTEoEo9AA4w2z77pr3SqqKkbFRs5kJFm6
->Balance:541 - MVkBCWGjgFk93w7VkZhrftoLWrPyztGGJv
Preference 1 (5) MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N
Preference 2 (20) MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh
Preference 3 (100000) MVTEoEoHoCw1UFpcXTtQZ5inZLuJjuUVcP
->Balance:480 - MVTEoEoHoCw1UFpcXTtQZ5inZLuJjuUVcP
->Balance:431 - MRQQddLH6fpikEnLrm1krqHt6wQm1Lm9UX
->Balance:381 - MNBETvfQMJofkwPXAu5ASH147KTCeDbSaL
Preference 1 (300000000) MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv
->Balance:359 - MMhLwhuRj4KjMTEDPdxxJpWowGuEVUAfZn
->Balance:348 - MBEaHAKVLPjBY7Ah8qDZxGNrmXueoVq5sT
Preference 1 (600000000) MVTEoEo2Sq1UHbGM8CN6hUPFB1n4QqR8ZK
Preference 2 (1000000000) MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
Preference 3 (550000000000) MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT
->Balance:312 - MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP
---End Balances------
Total coin issued: 26496
Total of Voters' Balances: 11861
Percentage of total issued coin voting: 44 percent
Droop Quota: 1976
-------------:
Award Round:0
Candidate Elected: MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z (2455)
Surplus Transfer Value: 0.195094
-------------:
Award Round:1
Candidate Elected: MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP (2253)
Surplus Transfer Value: 0.122575
-------------:
Award Round:2
Candidate Eliminated: MVTEoEoBRxXXXcXkCVvewYeDJsPBJWMkqG (1)
Candidate Eliminated: MVTEoEoLFbY3oEWzFhsnTZPHrbTUZMZRTx (1)
Candidate Eliminated: MVTEoEorXEH1afrsfQS3LTytM7WfzRdJAn (1)
Candidate Eliminated: MVTE6E3xHMjrkPTUU1EeTyDpy3zPt6Jq9w (1)
Candidate Eliminated: MVTE1EoFdBv1tGN21fwf45ABYz3TZs8Jd4 (22)
Candidate Eliminated: MVTEoEoXtJhGq1S3Mp2xFS5JHAqwWSAgWr (22)
Candidate Eliminated: MVTEoEo3asirrJiyCF11rFtaPt2XKNcsjk (95)
Candidate Eliminated: MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN (96)
Candidate Eliminated: MVTEoEoAXk65eopzJynvPh3z82sQ2my6Ko (139)
Candidate Eliminated: MVTEoEoX1qsfoBUMejjjBuzUfbSDaT3JK9 (191)
Candidate Eliminated: MVTE3E2B63YE3MUj59Ai2xmvDVqPhXEZ8g (191)
Candidate Eliminated: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh (304)
Candidate Eliminated: MVTEoEo2Sq1UHbGM8CN6hUPFB1n4QqR8ZK (354)
Candidate Elected: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN (2268)
Surplus Transfer Value: 0.128593
-------------:
Award Round:3
Candidate Eliminated: MVTE3E2ZEVqJJo7fEKYgAS4fKdEUScCr3z (92)
Candidate Eliminated: MVTEoEoyZywJ7gvHmZKJWK9nY1UtzzH1Aa (92)
Candidate Eliminated: MVTEoEosATGKUKV9KCsK8NxGg9tkxumfeR (92)
Candidate Eliminated: MVTEoEoppa8mvP1V8AkLNKT8W3NvPr2BMp (92)
Candidate Eliminated: MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv (381)
Candidate Eliminated: MVTEoEo9AA4w2z77pr3SqqKkbFRs5kJFm6 (575)
Candidate Eliminated: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N (755)
Candidate Eliminated: MVTEoEoHoCw1UFpcXTtQZ5inZLuJjuUVcP (541)
Candidate Eliminated: MVTEoEo4uCqy6jzggH9gTXRPgkuoo6ZvTX (983)
Candidate Elected: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT (1605)
Surplus Transfer Value: 0.000000
-------------:
Award Round:4
Candidate Elected: MVTEoEorjtwtccACwSTb53uJcjmjUnyexu (1488)
Surplus Transfer Value: 0.000000
--------End Grant Voting--------
Add grant award to Block MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z 24
Add grant award to Block MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP 24
Add grant award to Block MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 24
Add grant award to Block MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT 24
Add grant award to Block MVTEoEorjtwtccACwSTb53uJcjmjUnyexu 24
Total Grant award amount:120
legendary
Activity: 1470
Merit: 1030
I think I've got a handle on the voting mechanism now.  Image 5 people are running for office (like the party primaries in USA when anyone can run).  When you vote, you get ONLY ONE VOTE and might want Candidate #1 to win  (you might respect candidate #3 also, but then again, you only get one vote).  

Election Process
************
Vote is held.  Votes are counted.  

Did the winner win by majority (>50%)?   {Had the largest MEG votes(balance) > 50% of those voting (or remaining to vote).}

If YES, they are elected.  {Grant award goes to them.}

If NOT A MAJORITY, the candidate with lowest number of votes is removed from the ballot and the vote is held again without that lowest candidate on the ballot.  Some who voted for that candidate will be disgruntled and not vote again {you have no backup grant proposal}; others will vote for the other candidate that they respect {these are your next highest grant proposals}.

So, as you can see, if you want your candidate to win, you need to vote for them first.  If you vote for your backup first, then your real favorite candidate might be voted out.

Yes - this is close. I think you're describing Instant Runoff or the Alternative Vote.

MemoryCoin uses STV - here's a simple worked example . .
https://en.wikipedia.org/wiki/Single_transferable_vote#Example

(For more specifics, we use the Droop quota and the Gregory method)


Thinking of it this way, I see several revenue opportunities.

First, you can sell your votes to someone for a specific amount of time.  {I have 280 votes....}
Second, a voting pool could be created where people can vote for the pool grant proposal.  If successful, the reward could be split among the voting pool electorate.  This has added advantage of killing off the hoarders.


It's in voters short term interest to vote to receive the grant funds for themselves . . . they maybe get 1% or 2% extra . . .  but it is in their enlightened long term interest to vote for grant proposals that work to support the currency . . then the value of the currency increases by 100% or 200%.

Right now 21stcenturymoney is building a block explorer and linux clients . . you can support him by voting for his grant at

MVTEoEomFfe7WuSEepMLsorgYzCQGBVw1z

Give it a high preference please!
legendary
Activity: 1470
Merit: 1030
by sending 20 or 30 satoshis to each.

Does this mean the satoshis as in the little bits of BTC, not MEG ?

Yes -
0.00000001 = 1 Satoshi
0.00000010 = 10 Satoshi
legendary
Activity: 1470
Merit: 1030
Help me understand.  I am MVTEoEoFdHQEbGQxMYnEBaxV6shCQDxcdx and I have 288 MEG in my wallet.  Why do I see 0 next to my address?  The coins have been in the wallet since block 700.  I realize that I am under the Droop Quota currently, but I want to understand this output.


EDIT: Additional INFO, I had these coins in two different wallets.  I consolidated into one wallet.  Then I imported my Grant Address.  Might your parser be looking at the wrong wallet?  (or I could be reading\interpretting things wrong above)

Yes, probably looking at the wrong wallet. To keep things simple, you should stick to one address per wallet for MemoryCoin. I recommend you

1. Start a new wallet
2. Send all your coin to to your new address
3. Send the following amounts

10 Satoshi - MVTEoEoFdHQEbGQxMYnEBaxV6shCQDxcdx - Preference 1 - Your Own Address
20 Satoshi - MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN - Preference 2 - MC Foundation
30 Satoshi - MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N - Preference 3 - EFF
40 Satoshi - MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh - Preference 4 - Amnesty

This should reset things for you
full member
Activity: 122
Merit: 100
I like your style FreeTrade. Open and honest Smiley
hero member
Activity: 560
Merit: 500
by sending 20 or 30 satoshis to each.

Does this mean the satoshis as in the little bits of BTC, not MEG ?
sr. member
Activity: 271
Merit: 250
I still don't understand the voting system... but I would like to start a brewery.

Here is my grant address: MVTEoEodj9hBUxSxJRZ5CmNAH6Myd5AQLE

Now I need to mine some coins I guess.
legendary
Activity: 1470
Merit: 1030
Here's the latest vote rewards in Block 800 ---

We've got nearly 50% of the issued coins voting now . . . and MC Foundation as well as EFF and Amnesty are winning grants, as well as 2 unknowns.

MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP - Unknown - Win with 1919 Votes
MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN - MC Foundation - Win with 1577 Votes
MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 24 - Amnesty - Win with 1559 Votes
MVTEoEorjtwtccACwSTb53uJcjmjUnyexu 24 - Unknown - Win with 1464 Votes
MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 24 - EFF - Win with 1365 Votes


Top 10 Balances
-------------------------------------------------------
Balance:MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 803
Balance:MLdZXb6PTZ1Pz9iSsUF2UGtkTJ28Ek4GTS 823
Balance:MUXXjstFsQuFchUcBK4hCtQ79tfrkRDQGr 936
Balance:MKywFdiEytSv3CRv4Ersc5RDkaBSfyq39h 983
Balance:MBS6Zi9c3EBqUbuRPBKxN7cuD44ynfbJkB 984
Balance:MCXkEvc9bgseKeg5yzuPWr1ZuzfhjZ937Z 1055
Balance:MBMtZbRwaVX8LgUgc25unK9pTMLfPff1Cm 1464
Balance:MJnUqrGpXzvyb3xSZTfWbguZ32Jis4YVhy 1536
Balance:MXCKZhsf41wR9hmWdt1iaKL9chNTEU8jxM 1559
Balance:MTukQztMUSXVrNhf9Wa2APd9tt5vKmCoeo 1919
---End Balances------
Total coin issued: 22896
Total of Voters' Balances: 11166
Percentage of total issued coin voting: 48
Droop Quota: 1861
-------------:
Award Round:0
-------------:
Elimination Round:0
Number of Remaining Candidates: 18
Top Preference Votes: MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP 1919
Bottom Preference Votes: MVTEoEoFdHQEbGQxMYnEBaxV6shCQDxcdx 0
Candidate Elected: MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP
Surplus Transfer Value: 0.030143
-------------:
Award Round:1
-------------:
Elimination Round:0
Number of Remaining Candidates: 17
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoFdHQEbGQxMYnEBaxV6shCQDxcdx 0
Candidate Eliminated: MVTEoEoFdHQEbGQxMYnEBaxV6shCQDxcdx
-------------:
Elimination Round:1
Number of Remaining Candidates: 16
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoBRxXXXcXkCVvewYeDJsPBJWMkqG 1
Candidate Eliminated: MVTEoEoBRxXXXcXkCVvewYeDJsPBJWMkqG
-------------:
Elimination Round:2
Number of Remaining Candidates: 16
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoLFbY3oEWzFhsnTZPHrbTUZMZRTx 1
Candidate Eliminated: MVTEoEoLFbY3oEWzFhsnTZPHrbTUZMZRTx
-------------:
Elimination Round:3
Number of Remaining Candidates: 16
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEorXEH1afrsfQS3LTytM7WfzRdJAn 1
Candidate Eliminated: MVTEoEorXEH1afrsfQS3LTytM7WfzRdJAn
-------------:
Elimination Round:4
Number of Remaining Candidates: 16
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTE6E3xHMjrkPTUU1EeTyDpy3zPt6Jq9w 1
Candidate Eliminated: MVTE6E3xHMjrkPTUU1EeTyDpy3zPt6Jq9w
-------------:
Elimination Round:5
Number of Remaining Candidates: 15
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTE1EoFdBv1tGN21fwf45ABYz3TZs8Jd4 22
Candidate Eliminated: MVTE1EoFdBv1tGN21fwf45ABYz3TZs8Jd4
-------------:
Elimination Round:6
Number of Remaining Candidates: 15
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoXtJhGq1S3Mp2xFS5JHAqwWSAgWr 22
Candidate Eliminated: MVTEoEoXtJhGq1S3Mp2xFS5JHAqwWSAgWr
-------------:
Elimination Round:7
Number of Remaining Candidates: 14
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEo3asirrJiyCF11rFtaPt2XKNcsjk 95
Candidate Eliminated: MVTEoEo3asirrJiyCF11rFtaPt2XKNcsjk
-------------:
Elimination Round:8
Number of Remaining Candidates: 13
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoAXk65eopzJynvPh3z82sQ2my6Ko 139
Candidate Eliminated: MVTEoEoAXk65eopzJynvPh3z82sQ2my6Ko
-------------:
Elimination Round:9
Number of Remaining Candidates: 12
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN 168
Candidate Eliminated: MVTEoEogmJxZ9k7iyxE7B85e8xgyJAh5RN
-------------:
Elimination Round:10
Number of Remaining Candidates: 11
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoX1qsfoBUMejjjBuzUfbSDaT3JK9 191
Candidate Eliminated: MVTEoEoX1qsfoBUMejjjBuzUfbSDaT3JK9
-------------:
Elimination Round:11
Number of Remaining Candidates: 11
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTE6E2kh3whva19gFiY66zLnZniP6Kx6H 191
Candidate Eliminated: MVTE6E2kh3whva19gFiY66zLnZniP6Kx6H
-------------:
Elimination Round:12
Number of Remaining Candidates: 11
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTE3E2B63YE3MUj59Ai2xmvDVqPhXEZ8g 191
Candidate Eliminated: MVTE3E2B63YE3MUj59Ai2xmvDVqPhXEZ8g
-------------:
Elimination Round:13
Number of Remaining Candidates: 10
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEo2Sq1UHbGM8CN6hUPFB1n4QqR8ZK 234
Candidate Eliminated: MVTEoEo2Sq1UHbGM8CN6hUPFB1n4QqR8ZK
-------------:
Elimination Round:14
Number of Remaining Candidates: 9
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv 285
Candidate Eliminated: MVTE2E2WrdHtk8Mj61V1H9b41zcE6W33Cv
-------------:
Elimination Round:15
Number of Remaining Candidates: 8
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTEoEoEjMz8RyF5cYo6SnYY6cGDtLnw5w 287
Candidate Eliminated: MVTEoEoEjMz8RyF5cYo6SnYY6cGDtLnw5w
-------------:
Elimination Round:16
Number of Remaining Candidates: 7
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTEoEo9AA4w2z77pr3SqqKkbFRs5kJFm6 503
Candidate Eliminated: MVTEoEo9AA4w2z77pr3SqqKkbFRs5kJFm6
-------------:
Elimination Round:17
Number of Remaining Candidates: 6
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTEoEo4uCqy6jzggH9gTXRPgkuoo6ZvTX 983
Candidate Eliminated: MVTEoEo4uCqy6jzggH9gTXRPgkuoo6ZvTX
-------------:
Elimination Round:18
Number of Remaining Candidates: 5
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT 1079
Candidate Eliminated: MVTEoEoHX4XhRkJnkGVLKDYhHG4MbJDVCT
-------------:
Elimination Round:19
Number of Remaining Candidates: 4
Top Preference Votes: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 1577
Bottom Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Candidate Elected: MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN
Surplus Transfer Value: 0.000000
-------------:
Award Round:2
-------------:
Elimination Round:0
Number of Remaining Candidates: 4
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoyZywJ7gvHmZKJWK9nY1UtzzH1Aa 0
Candidate Eliminated: MVTEoEoyZywJ7gvHmZKJWK9nY1UtzzH1Aa
-------------:
Elimination Round:1
Number of Remaining Candidates: 4
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEosATGKUKV9KCsK8NxGg9tkxumfeR 0
Candidate Eliminated: MVTEoEosATGKUKV9KCsK8NxGg9tkxumfeR
-------------:
Elimination Round:2
Number of Remaining Candidates: 4
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoppa8mvP1V8AkLNKT8W3NvPr2BMp 0
Candidate Eliminated: MVTEoEoppa8mvP1V8AkLNKT8W3NvPr2BMp
-------------:
Elimination Round:3
Number of Remaining Candidates: 3
Top Preference Votes: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 1559
Bottom Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Candidate Elected: MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh
Surplus Transfer Value: 0.000000
-------------:
Award Round:3
-------------:
Elimination Round:0
Number of Remaining Candidates: 2
Top Preference Votes: MVTEoEorjtwtccACwSTb53uJcjmjUnyexu 1464
Bottom Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Candidate Elected: MVTEoEorjtwtccACwSTb53uJcjmjUnyexu
Surplus Transfer Value: 0.000000
-------------:
Award Round:4
-------------:
Elimination Round:0
Number of Remaining Candidates: 2
Top Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Bottom Preference Votes: MVTEoEoiZ8QhdkbiFmvWqA8RcWhg5QX9JA 0
Candidate Eliminated: MVTEoEoiZ8QhdkbiFmvWqA8RcWhg5QX9JA
-------------:
Elimination Round:1
Number of Remaining Candidates: 1
Top Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Bottom Preference Votes: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 1365
Candidate Elected: MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N
Surplus Transfer Value: 0.000000
--------End Grant Voting--------
Add grant award to Block MVTEoEoUtxKDFLVRJt8c79oqP5C2GB9oBP 24
Add grant award to Block MVTEoEoXmYzFydRfg5uNJRewt9tZ329fAN 24
Add grant award to Block MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh 24
Add grant award to Block MVTEoEorjtwtccACwSTb53uJcjmjUnyexu 24
Add grant award to Block MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N 24
Total Grant award amount:120
sr. member
Activity: 248
Merit: 251
I support this voting innovation !

However we need more clear explanations, or a full protocol graph/description.

Thanks for your work.
legendary
Activity: 1470
Merit: 1030
A lot of coin holders are using the grant system to award coins to themselves. That's great, it means people understand the voting system.

However, it may mean coins being concentrated in the hands of a few, and to cut down on this, I'd rather see grants going to projects to benefit MemoryCoin. As we don't have many of those yet, to charity.

If your main grant address doesn't meet the quota, your votes can spill over to these worthy causes. This is better than many coins being concentrated in the hands of a small number of private individuals.

With that in mind, Please add these addresses to your list of voting preferences - by sending 20 or 30 satoshis to each.

EFF (I'll hold these in trust for EFF until such a time as it might be worthwhile for EFF to claim them)
MVTEoEoJ1vP6NHHcCTTBPy4bXfejbAqV5N

Amnesty International (I'll hold these in trust for AI until such a time as it might be worthwhile for AI to claim them)
MVTEoEorLyJKdtGFXfFTt3Joevk7PeRvzh

legendary
Activity: 1470
Merit: 1030
Is there a limit to the number of grants you can support?
Will only the first 2 count or can you support more?

I think I put in a limit of 20 or something thereabouts - hopefully won't limit anything you'd want to do in practice.
hero member
Activity: 686
Merit: 504
always the student, never the master.
Is this voting part of the minting process or is this some kind of ponzi coin?

no i don't think so really. i think its just a really lame idea. other than that, for some reason instead of replacing bitcoin bits of code, the author wrote in all kind of "if coin = memorycoin {.... statements all through out the source. probably why its so slow. other than these small annoyances, i for one thing this is a really good coin. finally a bit of innovation, even if it came with a wierd voting system. i for one applaud Free Trade for having the guts to try something new.
sr. member
Activity: 371
Merit: 252
Is this voting part of the minting process or is this some kind of ponzi coin?
sr. member
Activity: 332
Merit: 250
Is there a limit to the number of grants you can support?
Will only the first 2 count or can you support more?
legendary
Activity: 1470
Merit: 1030
If someone sends some coins to a grant address, will his vote only be for that voting round or will it also count for all future voting rounds ?

Also, if it is a vote for a fixed sized grant, say MVTE3E2 - for 300 . . . once that address has won that sized grant, future voting rounds will ignore votes for that address.
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