Ravencoin — Voting for HODLer Representative (w/RVN)

Note: The website for this is not built yet.

The HODLer representative will be voted on by the RVN HODLers. Every RVN you hold at the designated blockheight can be voted.

If you own lots of RVN, you get lots of votes. If you own one RVN, you get a vote. Pretty simple.

Before you get concerned that someone could just buy a bunch of RVN (driving up the price) and dominate the whole project, remember that the HOLDer representative, while influential, is only one seventh of the board making critical decisions.

How to vote

Eventually we may have a more elegant system of voting, but for now, go into Ravencoin Core, and choose File->’Sign Message’, then take the name of a nominee (in all caps), and paste it into the text field, select an address that has RVN, and hit the [Sign Message] button. Enter all three (address, nominee, signature) into the voting website (see spec below), where it will check the Ravencoin address for double-voting, and check the signature matches the address, and will record all your votes based on how much RVN was in the address at the blockheight determined by the foundation. (Repeat for each address which holds RVN).

Sign a transaction with the candidate’s all-caps name.

If you don’t want to use the graphical interface in QT, then use the command-line…