# New Choice Coin Voting Patent Application on Algorand One of the Choice Coin voting patent applications has just been published by the United States Patent and Trademark Office. We’re really excited about the publication of this work and building great voting technology on Algorand. [United States Patent...](https://www.freepatentsonline.com/y2023/0065435.html) --- # Concerns over Binance Algo holdings getting too Big?! As discussed under the reddit post, one thing that the foundation and inc. could do is using a more transparent selling approach so large entities do not have a major advantage on regular investors. Here are some key points: * The only major sellers at these prices are foundation/inc., not people. --- # Information on 2022 TinyMan Hack Recent evidence has come to my attention regarding the TinyMan hack. As it turns out, TinyMan never provided Choice Coin users compensation for the hack as promised through their compensation program. I am working on solutions now. I included it in a [Draft Report](https://github.com/ChoiceCoin/tokenomics/blob/main/TM_Hack_Report_0.pdf) regarding the TinyMan Hack with proposals... --- # Algorand, The Foundation, and the complete lack of adoption If the foundation doesn’t act in the interest of higher ALGO prices, we can create dApps and/or DAOs on the blockchain to take advantage of lower ALGO prices. That seems like the obvious solution for developers, irrespective of what ALGO does. That is the beauty of ASAs! If the price of ALGO is low... --- # Participation node bandwidth requirements Here is a snapshot of my Netdata dashboard showing bandwidth usage. Inbound is usually <5 Mbps, and Outbound is very low with occasional spikes. The more stake you have, the more likely you are to propose blocks, but I don’t think that is going to have a dramatic effect on your bandwidth usage. --- # January 2022 TinyMan hack I wanted to start a thread with information on the [January 2022 TinyMan hack](https://halborn.com/explained-the-tinyman-hack-january-2022/). I hadn’t seen any updates on this in a while, but I read that the DOJ recently caught a Bitcoin hacker and seized over $3B in stolen assets. Here is at least one of the TinyMan hackers addresses. [MNN5MB3E7JSJPA6FRMCKUTK5V77GS...](https://algoexplorer.io/address/MNN5MB3E7JSJPA6FRMCKUTK5V77GSJIALVWVCBXFZLEVAUEY5FUPGJUDPE) --- # Protest Voting in Governance A lot of people recognized that the proposed Q4 2022 governance measures mainly provide an illusion of choice, where the actual decisions (such as establishing “an Algorand Foundation art collection”) have already been made by the Foundation, while the role given to the governors is to vote... --- # Evolving Algorand Governance There is more and more progress being made related to the governance of Algorand. Multiple posts emerged to discuss the pitfalls of the existing system and proposal structure. * [Counterproposal for Q3 2022 Governance Measures](https://forum.algorand.co/t/counterproposal-for-q3-2022-governance-measures/7686) * [Evolving Algorand Governance - #160 by robert](https://forum.algorand.co/t/evolving-algorand-governance/6646/160) * [Feedback requested on proposed Q3 2022 Governance Measures](https://forum.algorand.co/t/feedback-requested-on-proposed-q3-2022-governance-measures/7587/172) --- # Feedback on governance measures Hi I have several suggestions: * Open discussion with community on a weekly basis. * Supporting developers who have proved that they built something useful. * Ensuring that Algorand is decentralized and not centralized with weak points of the Algorand foundation or early backers. --- # Discussion on DeFi projects Ok I see your point but how do you fairly and correctly choose which DeFi projects to subsidize? Based on which criteria? Who will decide? (Algorand's core principle is decentralization) Big projects will be favored to the detriment of smaller (and possibly more innovative) projects.