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Bitcoin Foundation to Announce Election Winners Friday

The final round of voting has begun in the Bitcoin Foundation election for two open Board of Directors seats.

May 6, 2014 at 8:25 p.m. UTC
Updated Sep 11, 2021 at 10:44 a.m. UTC

Voting in the ongoing election to fill the Bitcoin Foundation's two vacant Board of Directors seats has officially resumed with the start of a second round of voting featuring the top three remaining candidates.

The Bitcoin Foundation launched the second round of voting after the first ended with no candidates reaching the minimum vote threshold necessary for election. The outcome was one of several possible conclusions owing to the wording of the Bitcoin Foundation’s by-laws.

The runoff round began at 9am EDT on 6th May and will last until 11.59pm EDT on 8th May, according to Brian Goss, chairman of the foundation’s election committee, who also told CoinDesk that the two winners are scheduled to be announced on Friday.

The three candidates who received the most votes in the initial round were BTC China founder Bobby Lee, Gyft co-founder and CEO Vinny Lingham and technology entrepreneur Brock Pierce.

In the first round of voting, Lee received the highest number of votes with 44 votes. Pierce and Lingham garnered 34 and 21 votes, respectively. More information about these candidates can be found in our full coverage of the election candidates.

CoinDesk will continue to monitor this developing story.

Selection image via Shutterstock

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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