3,236 addresses took part in this Starknet vote, but 94% of the voting power was held by just 55 of them.
#Starknet community vote backs research into a quantum-resistant L1 path
I dug through the voting data for the starknet.eth proposal on Snapshot. Voting closed on October 22, and the 93.52% approval figure is correct. But of the 489 million votes cast, 461 million came from a whitelist called “STRK (SNF delegated)”—votes delegated by the foundation. The remaining 3,000-plus ordinary token holders and stakers had only about 28 million votes combined, and 99% of those were in favor. Nearly all the votes against came from large addresses on the whitelist.
Cointelegraph also reported on October 22 that this was only a research vote; leaving Ethereum for real would require another formal vote.
Retail investors were genuinely enthusiastic this time. But when it comes to the next vote—one that will decide the fate of cross-chain bridges and assets—the balance of power will most likely still lie with those 55 addresses.
#Starknet community vote backs research into a quantum-resistant L1 path
I dug through the voting data for the starknet.eth proposal on Snapshot. Voting closed on October 22, and the 93.52% approval figure is correct. But of the 489 million votes cast, 461 million came from a whitelist called “STRK (SNF delegated)”—votes delegated by the foundation. The remaining 3,000-plus ordinary token holders and stakers had only about 28 million votes combined, and 99% of those were in favor. Nearly all the votes against came from large addresses on the whitelist.
Cointelegraph also reported on October 22 that this was only a research vote; leaving Ethereum for real would require another formal vote.
Retail investors were genuinely enthusiastic this time. But when it comes to the next vote—one that will decide the fate of cross-chain bridges and assets—the balance of power will most likely still lie with those 55 addresses.