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Tezos Granada upgrade proposal in danger of not becoming a quorum

Self-changing blockchain Tezos runs into a problem with on-chain governance, of all things.

His seventh protocol upgrade, nicknamed Grenada, would bring faster blocks, fewer transaction (gas) fees, and decentralized “liquidity baking” between Tezos and Tezos Bitcoin.

But while 100 percent of those who voted either voted “yes” or “passed” the proposal, Granada is fighting for a quorum.

With only four days left in the 15-day voting period, only 49.3 percent of the Tezos roles have participated. At least 53.43 percent is required for a quorum under the Tezos rules.

On social media, people begged “bakers” (node ​​validators) to cast their votes.

@TezBakingCom HI folks! Are you ready to get your vote for the #Granada promotional mood for #tezos? It would be great if we could get the quorum! #staking #xtz #tez #passiveincome #evolution

– Jewel.tez 🌮 ꜩ (@Jewelinker) July 18, 2021

Part of the problem seemed to be that both Coinbase and Binance, the giant exchanges that also act as bakers, hadn’t cast any votes.

Coinbase controls 13.4 percent of Tezos rolls and Binance 7.5 percent, making them by far the largest bakers.


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