Hi,
I thought I’d ask this in the general form as it might be a stupid question (my misunderstanding things, not actually a technical problem). But I saw i saw on Elastos news (not allowed to link to it but will quote from it):
Elastos DPoS Supernode Election Rules
(6) 1 ELA may be used to vote for a maximum of 36 different nodes and 1 ELA may only give the same node a maximum of 1 vote.
What’ to stop someone buying 100 ELA and voting for the same node or group of nodes repeatedly?
Presumably the miners will have the most? I saw the foundation cannot vote with their coins, but what about bitmain, they will have a lot of voting power.
Also I didnt understand part 7 or 8 (will quote below):
(7) After ELA has been used to cast votes (i.e., the vote has been successfully cast), the corresponding ELA will no longer be used in circulation. If ELA is transferred after being used for voting, then the original vote will naturally be revoked after transferring and there is no revoke period for revoking votes;
The part that confused me here is that the first sentence says the ELA will no longer be in circulation. Second second sentence says “if”. So does this mean it stays in circulation or not?
(8) ELA used for voting in the DPoS supernode election may also be used for Cyber Republic Consensus Committee elections and other items.
This relates to my confusion about part 7. Is the ELA you vote with gone, spent i.e. no longer yours?
Thanks for reading and looking forward reading replies. Want to make sure I fully understand.