Three Million Eth Have Now Voted, 52% Are Against Restoring Parity’s Eth

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The most intense vote in crypto history now has only 20 more hours to go before it finally closes after a week long running vote.

The results at the time of writing show a complete split, with the majority at 52%, or some 1.6 million eth, voting against restoring 500,000 eth accidentally frozen due to a Parity multi sig bug.

While 47% at 1.4 million eth are in favor, with a total of more than three million eth having voted so far.

It looks like the wallet subject to the vote question has itself voted now with 306,000 eth. The No vote is nonetheless currently in the lead, with just 20 more hours to go as this closes tomorrow morning at around 8 o’clock London time.

What would happen if these were the final results is unclear at this stage. Ethereum itself would probably not offer the option, but Parity would have to decide whether they will abide by the results, or whether they will chain-split anyway.

We tried to gain some clarity, with Afri Schoedon of Parity telling trustnodes in a very brief interview that they “do not plan to split the chain.”

As might be expected, meta-criticisms of the vote itself are somewhat common on different angles, but all eth holders have the ability and opportunity to vote and express their view in a non-sylable manner.

This vote, though imperfect, is the only mechanism we currently have to establish general opinion on the matter, and considering its intensity so far, much criticism does appear ancillary.

The results, therefore, will probably be at least highly persuasive, if not perhaps even determinative of what action relevant parties might take.

Here at trustnodes we’ve said we’ll take whatever position the vote takes since we consider it to be the only mechanism to make a somewhat objective decision in a way that accounts for the view of all affected stakeholders.

That means we see it as the vote to end the matter, one way or another, with no second vote having any legitimacy. But of course these final hours are now most crucial so we’ll reserve full judgment until the vote closes.

Ancillary criticisms, however, will probably have little persuasive weight as everyone is able to vote and express their opinion on this difficult decision. So please vote.

 

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