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RE: Quadratic Voting?! What is it and can it have an application in blockchain governance?

in #governance5 years ago

It's not possible. There is no good reputation algorithm.

If you solve it (reputation / identification), you solve a much bigger problem than DPOS governance LOL. You'd probably be eligible for a nobel prize.

If you don't solve it, you make noganoo or anyone controlling a good amount of accounts (like @steemmonsters for example) masters of the system via sybil attack.

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There is no good reputation algorithm.

I really dont know .... also different approaches for different system is needed, and on one to fit them all.
Also a good enough solution will probably be better than nothing.

I think there is some bottom rules that we can all agree and build from there.
One easy example is that a new account cant have big influence. Another example might be that a totally inactive account cant also have big influence .... etc.