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Damn. Of course you're right. And it could all be automated, transparent to you, the cheater.
by hashkb 10y ago
Damn. Of course you're right. And it could all be automated, transparent to you, the cheater.
- evan_ 10y agoMaybe they could charge a small per-share voting fee which would be destroyed (or used in some clever, non-game-able way). I could even imagine automatically refunding the fee for those casting losing votes to avoid wars of attrition... I guess that's essentially an auction.
- jbpetersen 10y agoWouldn't work, people could group together and remain anonymous.
- maxander 10y agoI suspect that if N honest backers would expect a net gain from a decision even if they spend X/N voting for it, a single owner of N fake accounts would expect a net gain from the same decision even if he spent X voting for it. Anonymity on the internet pretty much inherently means that you can't tell how many actual individuals a given set of apparent individuals really are. You can tell how much money they have (or CPU power, bandwidth, or various other proxies for wealth), but that's about it. I don't see how this wouldn't be an inherent problem for any cryptocurrency (or crypto-whathaveyou-system) attempting to force decentralization (see; the primary actors in Bitcoin split war.)