this:
Stake weighted voting decides what proposals receive funding
and DAO is an oxymoron. Stake-distribution is the very opposite of decentralized. It makes no Sense to have a stake based voting when there is no equilibrium.
For people who know some math:
wealth distribution curves
they are near to total inequality
decentralization vs. centralized bullshit
Ralph Merkle (the crypto guy Merkle trees are named after) actually wrote a paper on DAOs and why they need to be democratic...but hey what does this old guy know. BTW the paper is peer-reviewed by Buterin, Hoskinson, and others lel
You’re on a DPOS blockchain.
This does not change the laws of math and physics...The term delegated refers to the set of block-producers and has nothing to do with the stake. Its a combination of two distinct mechanism as a compromise according to the scaleability trilemma. Anyways thank you for your explanation
I was referring to your comment about how it makes no sense for stake based voting, when you are on a Delegated Proof of Stake platform.. by design, stake makes decisions.