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If there are enough users, they can outbid a minority bad actor. I think that's the idea. Decentralized democracy where you vote with capital. I'm not sure if t
by Geee 10y ago
If there are enough users, they can outbid a minority bad actor. I think that's the idea. Decentralized democracy where you vote with capital. I'm not sure if there are better ways to do this? Although I think this could be combined with trust system somehow (so all capital wouldn't be equal). I.e. known bad actors (also selected via bidding) could have less valued capital. So the value of the users capital would be based on their trust. Not sure if that makes sense.