Network Proposal Details"Revision 7 Proposal"

Revision 7 Proposal
Revision Update
Proposal Result: SUCCESS
Proposer: ICON Foundation
Total Votes For: 17
Total Votes Against: 0
Total Votes Abstained: 5
Proposal Details

Revision 7 Proposal

The ICON Foundation submit a Network Proposal (Revision Proposal) to activate the Revision 7 feature. This Revision 7 is already included in ICON Service 1.5.18 but is not yet activated. The purpose of the proposal is to fix the IISS logic's bug and stabilize the network. Below are the details of the update.

Fixing the Representative Rewards

As-Is

Beta 2 x (delegated amount from ICONist / total number of ICX delegated to the top 100 representatives at the start of the Representative Term)

  • If some P-Rep get validation penalty, its beta 2 rewards go to the public treasury.

To-Be

Beta 2 x (delegated amount from ICONist / total number of ICX delegated to the top 100 representatives who have not received validation penalty)

  • If some P-Rep get validation penalty, its beta2 rewards share by other P-Reps
  • The representatives who have validation penalties are excluded from the denominator.
Voting Details
P-Rep Transaction Vote Date
ICON Foundation 0xacfaa5af45bff25f05295e34f05f885cd0302ed6a34bfa6330ea39b8259d7eb0 For 11/28/2019 8:31:29 AM
ICX_Station 0xdd5b4f34137752efdc22c1794aadb16175be5a12895a832a8b87eb8780538cc2 For 11/28/2019 2:29:46 AM
VELIC 0xc09f1ae729b0f80b306d3d0d69728c8b7e27d08c28c5be97d045778940bac54b For 11/28/2019 2:55:59 AM
ICONation 0x02a38c958f3b0ae890192df45a8366e4dbd1b5342a9971c72d6bcfb285345c47 For 11/28/2019 11:17:10 AM
Ubik Capital N/A Abstained N/A
RHIZOME 0x65cbbb2de713525e3ac1738ef5ae5fd8ac00f1026dd4ac91f5b7062ce7b76745 For 11/28/2019 2:23:18 AM
Symmetry SLC 0xd8e39748a2e2ac84b75ba146cae9da654be51ef93b44967ddd76759a63d55e4a For 11/28/2019 2:36:41 PM
Stakin 0x211d1684be2ae5af0ca915f1003bad1f2a94d0c3462dc3b21bc5d894cc43d042 For 11/28/2019 3:53:51 AM
Mineable 0x67c105385d2500bbbb3c4b4d0eb5a9f6d270f8f63d250ad58781fd7a8fa2e28b For 11/28/2019 7:52:27 AM
weBloc asia N/A Abstained N/A
ICON DAO 0xf5aba6d8be1075a9cfe016f6400ec193fe83b99acac3a87ffad76dcb8d9a0c48 For 11/28/2019 2:08:21 PM
Everstake 0xd635e1526441a8fc3671a1970bc1e2958c3547581792b76e0f256e5159b4af0e For 11/28/2019 11:30:21 AM
iBriz - ICONOsphere 0xfe302510e0e10bf0b57cd05761b884121a6856b778a14689110ad6e4f0456cde For 11/28/2019 6:26:01 AM
ICONVIET 0xf5f55782c873fdb7072f5e8900759f24a8c0cd986fa22075b37e550bb9f43745 For 11/28/2019 3:35:52 AM
Citadel.one 0x9f057971e6b5070f59174229ed4e3160e4866cae142b76bdbe8f26ee36e52e0c For 11/28/2019 8:32:58 PM
Blockmove 0x53927473063f3e5c92dff4eb6bf33bc25ce460331c3b8ede3b23427698cc0cb4 For 11/28/2019 8:26:28 AM
Deblock with STAYGE 0xf851580fdf0abf5794db4db9d9137f8a2673e9d5aecfc0b02e06a428915f35a9 For 11/28/2019 10:47:08 AM
Insight N/A Abstained N/A
MinerGate 0x35442c4d59fc76cdb31189e463dd5b728176bfc4fbb6050dedcdb0779ea5a2f3 For 11/28/2019 11:27:37 AM
MouseBelt | Multi.io N/A Abstained N/A
Signal9 0x7ed9c334cc17adc03d852aa14cb084a06d0abd320854d0985598ca9e92110dd6 For 11/28/2019 2:08:08 AM
Blockheads Development N/A Abstained N/A
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