🚨This is alarming - With great conserns, i am seeing public cardano community members calling to strip away the option for SPOs to vote on Governance Actions, or to change a default behavior to make it easier for Governance Actions to pass without SPO interaction.
Some are saying that SPOs don't wanna vote at all - WTF?
SPOs are the only one of the three entities (CC, DReps, SPOs) that are currently forced to vote with there holy grail Pool Cold Keys. Which is a frustrating process to do on an airgapped "cold" machine. Compared to a CC or DRep Hot-Key that can live in a LightWallet if you want. SPOs vote when it counts, SPOs do not vote just for fun or so on InfoActions that do not need an SPO vote at all. Accusing them that they are "Lazy Voters" or that they "Dont wanna vote" is more than alarming to me.
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Let me be straight, there are only 4 different Governance Actions that require the vote from SPOs:
HardForkInitiation, Security-Critical Protocol Parameter Changes, NewCommittee and NoConfidence. Last one never happend on Mainnet (thank god).
There were only 2 Hardforks so far - since we introduced governance - that required an SPO vote, both were obviosly greenlit. (see the screenshot below)
There were only 4 NewCommittee(UpdateCommittee) actions so far. Three were greenlit by SPOs, one was rejected, same one was also rejected by DReps. (see the screenshot below)
There were only 2 ParameterChange(Update) actions so far that required SPO voting. The first one (inc. Transaction and BlockMemoryUnits) was greenlit by SPOs and DReps. The second one is a current one (red. minPoolCost and inc. PlutusMemoryLimits), which looks like will be rejected by SPOs. Could be greenlit by DReps by a marginal value above 67%. Sits at 66.7% by the time of posting, but lets say it will be greenlit by DReps.
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So, out of ALL the Governance Actions so far that required a vote by SPOs, there is currently only ONE action, that is rejected by SPOs and greenlit by DReps!
ONE!
And now voices are coming out and calling to strip away SPO voting power from governance actions or change ledger behavior to make it easier for actions to pass without SPO voting interaction! Because that one action will not pass and those voices don't like that fact. Are you f*cking kidding me?????
This is how governance works!
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There is a solution on the horizon that would make it way much easier for SPOs to vote more often on like f.e. InfoActions - even if they don't have to. Its called CIP-175. It introduces Hot Voting Keys also for SPOs, to close this gap and "disadvantage" against CC and DRep Voting Keys.
We need this to be integrated within one of the next HardForks, sooner than later! So i am calling every SPOs, every DRep and of course the CC members to support this CIP-175 and to push it forward to a higher priority.
Thank you very much already for your support, and that you have read this whole post til the end, thx! 😍