Insufficient Votes Hang Bitcoin Foundation Election; Runoff Will Be Held

The Bitcoin Foundation recently announced to conduct a runoff election for its two individual board seats, as previous ballot failed to designate a clear winner.
The results somewhat contradicted with one of the Bitcoin Foundation’s bylaws that requires candidates to obtain at least 50% approval in order to qualify for the board seat. As per one list published on the foundation’s blog, the top contender – Olivier Janssens – managed to secure around 46.7% approval, followed by Jim Harper, Bruce Fenton and Michael Perkily who ended up securing 41.2%, 30.9%, and 30% approval rate, respectively.

This post was published at NewsBTC on February 22, 2015.