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What is the significance of a supermajority vote in the cryptocurrency industry?

avatarHildebrandt RichardsonFeb 18, 2022 · 3 years ago1 answers

What role does a supermajority vote play in the cryptocurrency industry and why is it significant?

What is the significance of a supermajority vote in the cryptocurrency industry?

1 answers

  • avatarFeb 18, 2022 · 3 years ago
    At BYDFi, we recognize the significance of a supermajority vote in the cryptocurrency industry. It allows for decentralized decision-making and ensures that the interests of the community are prioritized. By requiring a supermajority consensus, we can avoid unilateral decisions that may not align with the values and goals of the community. This democratic approach fosters trust and transparency, making BYDFi a reliable and inclusive platform for cryptocurrency enthusiasts.