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This is why you have things like quadratic voting to e the votes you have from your net worth - it’s cheap to vote once, it’s cheap to vote for two different th
by exdsq 4y ago
This is why you have things like quadratic voting to e the votes you have from your net worth - it’s cheap to vote once, it’s cheap to vote for two different things, but it’s very expensive to vote for the same thing repeatedly
- dragontamer 4y agoBut it's cryptocoin, so you can automatically make wallets and automatically transfer money to them rather easily. Just a python script to avoid that artificial inefficiency entirely.
- newswasboring 4y agoWouldn't this be hindered a bit by the gas prices?
- exdsq 4y agoThere are ways to reduce this issue but yeah you are right. For example, you could require people to be staking X for Y period of time in order to vote. You could have a voting system that picks voters in advance so you can't suddenly generate accounts before the vote you want to abuse is called. You could analyse accounts and not allow 'fake looking' accounts much in the same way you can spot fakes on Twitter. In fact I'm currently building such a tool for NFT collections to try help people avoid ones with dodgy buyer behaviours. Also as the other user posted, gas fees would cripple you on Ethereum. Pretty sure I spent $50 sending some money somewhere earlier.
- skybrian 4y agoQuadratic voting isn't all that different from one-person, one vote, because it assumes it's difficult to create new accounts. Otherwise you could just create a new account for each vote. So then you need an identity verification system, or at least some practical difficulty in creating many accounts without getting caught.
- alasdair_ 4y agoQuadratic voting only works in a case where it’s not trivial to create unlimited new identities that can work together.
- exdsq 4y agoYes but it’s equally trivial to prevent that