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TeamTronics receives more than 320 million votes
TeamTronics receives more than 320 million votes
Crypto

TeamTronics receives more than 320 million votes

By Marco Cavicchioli - 20 Jul 2018

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Note that the most voted is TeamTronics, with over 320 million votes, and a less concentrated distribution (the top 10 addresses per number of votes all together make up just over 30% of the votes received).

Elections are being held for the 27 super representatives of the Tron network.

In fact, it is expected that users will elect 27 super-representatives from a community of over one million supporters.

These super-representatives will be the guardians of the Tron network and will play the main roles in the future governance structure.

In addition, the 27 will be responsible for producing Tron’s mainnet blocks and will act as key nodes capable of validating transactions, creating new blocks on the network and competing for prizes.

Every TRX holder can cast one vote for every token held, so it is not difficult to receive many votes from TRX bulk holders.

And it is perhaps also for this reason that a couple of days ago the founder of Tron, Justin Sun, announced on Twitter his candidacy in the elections of the super-representatives. In just over 24 hours he has collected over 120 million votes.

30% of the votes received come from a single address, while 82% of the votes received come from just four addresses.

At this moment he is eighth in the list of the most voted but having exceeded 100 million votes he is elected among the super-representatives.

In his electoral speech, Sun assured that his choice to apply was a personal decision and that the Tron Foundation was not involved.

In order to avoid any possible conflict of interest, he made it clear that his application would be handled in the same way as any other applicant, following the same processes.

Some users, however, expressed doubts about Sun’s candidature, as democracy is an important element of the Tron network.

However, precisely because it is democratic, the network is inclusive, allowing anyone who wants to apply. Including Justin Sun.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

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