Definition ∞ Two-phase voting is a decision-making process where proposals undergo two distinct stages of approval. The first phase typically involves an initial consensus or preliminary vote to gauge support. The second phase then proceeds with a final, binding vote if the initial threshold is met. This method allows for careful deliberation and refinement before definitive decisions are made. It enhances the robustness of governance mechanisms.
Context ∞ Two-phase voting is often implemented in decentralized autonomous organizations (DAOs) and other blockchain governance structures to ensure thoughtful decision-making. A key discussion involves optimizing the parameters for each phase to prevent manipulation and encourage broad participation. Future iterations may explore dynamic voting mechanisms that adapt to network conditions and participant engagement.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
