Quadratic voting is a collective decision-making method where participants pay a cost proportional to the square of the number of votes they cast for a particular option. This system aims to allow individuals to express the intensity of their preferences, preventing wealthy actors from dominating outcomes with sheer volume of votes. It balances voting power with the strength of conviction, seeking a more equitable distribution of influence.
Context
Quadratic voting is a frequently discussed innovation in decentralized governance, particularly in attempts to mitigate the “whale problem” in traditional coin voting systems. News reports often analyze its implementation in various decentralized autonomous organizations and its potential to foster more genuine community consensus. Debates continue regarding its practical application, resistance to collusion, and overall effectiveness in promoting fairer collective choices within blockchain protocols.
A novel deposit-and-transfer mechanism leverages Bayesian game theory to achieve Sybil-proof, utilitarian governance without external identity systems.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
