5 ms·

> Because quadratic voting considers not just how many credits were allocated to each option but also where those credits came from when calculating votes, it c

> Because quadratic voting considers not just how many credits were allocated to each option but also where those credits came from when calculating votes, it can be particularly vulnerable to Sybil attacks. I've always wondered how DAOs solved the Sybil problem, speculating that governance was no more meaningful or binding than a Twitter poll without a solution. I see they just didn't.

numtel 4y ago
I've built a DAO tool that requires passport verification and allows voting on binding proposals with quadratic voting. Each proposal defines a series of transactions to execute on chain. https://democratic.capital https://democratic.capital
- remram 4y ago
  How does the program verify passports?
  - numtel 4y ago
    Stripe Identity
- tiagod 4y ago
  Does it accept a passport from any country? How are they verified? Couldn't counterfeit passports slip through? How do you make sure a passport is used only once? Doesn't this make you a target to a state level attack?
  - numtel 4y ago
    Stripe Identity is used to verify passports, it supports 33 countries (mostly NA and EU) right now. A salted hash of the country code and passport number is published on chain which allows only one instance per passport. As far as a state level attack, it's possible. A complete solution to Sybil resistance is not simple. The passport verification service is at https://coinpassport.net https://coinpassport.net if you would like more information.
    - remram 4y ago
      How does it deal with people who have multiple passports? Or renew their passports when they expire? I have two valid passports right now, with different numbers, issued by the same country. Stripe Identity seems to very explicitly not be intended to guarantee any form of uniqueness.
p1necone 4y ago
Sometimes I wonder if I could have been very rich very early by just building things while ignoring any part of said thing that seems to be a major, unsolvable problem. The requirement for stuff to actually work most of the time seems to be somewhat imaginary.
- kbenson 4y ago
  The answer in many cases is likely yes. That's what fake it 'till you make is, really. Obviously sometimes it fails, and in some cases more spectacularly than others, such as with Theranos. But how many founders of companies with strategies that could kindly be called "Theranos adjacent" made of with lots of money? My guess is enough that knowing the real number would make all of us very sad and mad.

numtel 4y ago

I've built a DAO tool that requires passport verification and allows voting on binding proposals with quadratic voting. Each proposal defines a series of transactions to execute on chain. https://democratic.capital https://democratic.capital

remram 4y ago
How does the program verify passports?
- numtel 4y ago
  Stripe Identity
tiagod 4y ago
Does it accept a passport from any country? How are they verified? Couldn't counterfeit passports slip through? How do you make sure a passport is used only once? Doesn't this make you a target to a state level attack?
- numtel 4y ago
  Stripe Identity is used to verify passports, it supports 33 countries (mostly NA and EU) right now. A salted hash of the country code and passport number is published on chain which allows only one instance per passport. As far as a state level attack, it's possible. A complete solution to Sybil resistance is not simple. The passport verification service is at https://coinpassport.net https://coinpassport.net if you would like more information.
  - remram 4y ago
    How does it deal with people who have multiple passports? Or renew their passports when they expire? I have two valid passports right now, with different numbers, issued by the same country. Stripe Identity seems to very explicitly not be intended to guarantee any form of uniqueness.

p1necone 4y ago

Sometimes I wonder if I could have been very rich very early by just building things while ignoring any part of said thing that seems to be a major, unsolvable problem. The requirement for stuff to actually work most of the time seems to be somewhat imaginary.

kbenson 4y ago
The answer in many cases is likely yes. That's what fake it 'till you make is, really. Obviously sometimes it fails, and in some cases more spectacularly than others, such as with Theranos. But how many founders of companies with strategies that could kindly be called "Theranos adjacent" made of with lots of money? My guess is enough that knowing the real number would make all of us very sad and mad.