Voting quorum refers to the minimum number of participants required to make decisions within a decentralized network. In systems using governance tokens or voting mechanisms, a quorum ensures that any changes, such as protocol upgrades or fund allocations, have adequate representation and support from the community.Typically defined as a percentage of total votes or token holders, the voting quorum serves to prevent decisions from being made by a small group, promoting broader participation and consensus. If the quorum is not met, the vote may be invalidated, and the proposed changes cannot be implemented.Establishing a voting quorum helps maintain stability and legitimacy in decision-making processes. It encourages stakeholders to engage actively, ensuring that outcomes reflect the overall interests of the community. As a result, strong quorums can lead to more robust and trusted governance structures within decentralized projects.
Plasma Founder Denies Rumors on Token Sales, Market Maker Ties
Plasma founder Paul addressed speculation surrounding the blockchain startup’s token, XPL, on October 1, denying reports of insider sales and