Governance - proposal for technical realisation for voting

To be clear, this referendum has only 1 task: to approve the Governance Program Proposal. In order to facilitate full community governance, there has to be a way for the current network partners (relay node runners and participation node runners) to signal their support for this program. Once this…

Large transactions form Algorand Foundation BitGo wallets to the Binance wallet, any explanation?!

Hi @awesomecrypto,
These transactions are linked to the Structured Selling program as outlined in the Long Term Algo Dynamics (https://algorand.foundation/the-algo/algo-dynamics) and reported on as part of the published transparency reports (https://algorand.foundation/news/october2020-transparency)

Serious lack of transparency and engagement of Algorand foundation

Guys,
To move this discussion to a more forward view. The need to build a strong roadmap for governance (inspired by Silvio’s blog) and further acceleration on decentralization is something we are all aligned on - and your views are heard. I’d expect to see something more substantial from the team…

Algorand Node Runner incentive design needs improvements for long term decentralization?

Hi Leo,
We touched on this recently. As you say, right now the relay node runners are a permissioned group. This has been done, up to this point, to ensure network performance and as you say, there is no incentive in place for the community to run nodes today. There are 2 important dynamics that wi…

Algorand is the first PPoS?

Hi Salvatore,
I think there is some debate around who was the first to create a true PurePoS consensus based protocol and who was first to call their protocol Pure PoS (without it being correctly PurePoS). For clarity, with the Algorand blockchain, we state that we are the first public, permission…

Serious lack of transparency and engagement of Algorand foundation

I’m on the Algorand Discord as SteveAlgorandFn - feel free to DM me there. I try to get jump on Discord a few times a day, so you should get a reply quickest that way. @petew if there are any follow-up questions, feel free to reach out also that way.

Serious lack of transparency and engagement of Algorand foundation

Hi @petew.
Answers to your questions below.
Question: What will be the long term incentives for relay nodes?
Answer: The group sometimes referred to as the Relay Node Runners group, came into existence at mainnet launch and should correctly be referred to as Early Backers and Node Runners. This…

Serious lack of transparency and engagement of Algorand foundation

Hi @petew, should have these back to you today. Have tried to prepare some detailed answers for you so hopefully will be helpful - just getting some facts checked.

Serious lack of transparency and engagement of Algorand foundation

Hi @petew, thanks for your questions. I just wanted to reply to confirm that we have seen your post and I am going to work with the Foundation team to pull together the answers to your questions. Your questions cover quite a number of topics, so I would expect that it will be next week when we have…