The minimum number of votes or participants required for a proposal or decision to be considered valid and executed within a decentralized governance system. This mechanism ensures that significant changes or actions have sufficient community consensus.
Context
Setting appropriate quorum thresholds is a delicate balance in decentralized autonomous organizations. If too high, proposals may stall; if too low, a minority could exert undue influence, impacting the system’s decentralization and security.
Minimmit introduces dual quorum thresholds for view progression and transaction finality, fundamentally reducing Byzantine consensus latency by over 10%.
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