DeGroot Model

Definition ∞ The DeGroot Model is a mathematical framework that describes how opinions or beliefs among individuals in a network converge over time through repeated interactions. Each individual updates their belief by taking a weighted average of their own current belief and the beliefs of their neighbors. This model helps analyze consensus formation in social or distributed systems.
Context ∞ The DeGroot Model finds application in analyzing the dynamics of decentralized governance and community opinion formation within digital asset ecosystems. Discussions in crypto news may reference similar models when examining how validator opinions coalesce in proof-of-stake networks or how proposals gain traction in decentralized autonomous organizations (DAOs). Its utility lies in predicting the eventual state of collective agreement or disagreement.