You are viewing a single comment's thread from:
RE: Launching a DAC: We Value Your Input!
50,000 tokens could be significant to one person while being insignificant to another. You're trying to avoid influence being weighted by wealth but that's the fundamental model you have proposed. You can't have your cake and eat it.
We're talking about a minimum staking amount. Others can stake more, if they like. What you describe as "weighted by wealth" could also be described as secured by stake holders with skin in the game. If you're prefer no skin in the game, I recommend reading Nassim Taleb's book mentioned in my post. If you disagree with his fundamental analysis, that would be a fascinating discussion indeed. If you agree with it, what suggestions do you have to find a balance? We're looking to find a sensible starting point, not a forever consensus. Once the DAC launches, members could vote in custodians who will change these values.
If you have a better approach than staked-weighted voting (also used by DPoS which includes Steem, BitShares, and EOS), what is it?
You're right that the people making decisions need to have their intrests aligned with the success of the DAC. Wealth is a metric to use but perhaps it's not the be all and end all. I think the following stats could be useful as part of an equation to determin how much 'skin' a member has in the game.
Members activity score
Give members an involvment/activity score calculated by how active they are with voting, proposals, giving suggestions ect ect
Members peer rating
Allow members to endorse each other in some way.
Thats all ive got for now, ill keep thinking onit.
Nice ideas. I do think reputation and identity are critical for a well-functioning voluntary system, but I also think we have to protect privacy. Finding that balance is going to be interesting. Also, whenever we create a formula for how we score reputation, it will be gamed. That's the tricky part.
Yeah i have'nt been able to get round people gaming it. Tbh this is why i've been putting energy into creating games, manga and other art that contains a moral story. I feel like teaching people from a young age about societal injustices through these mediums negates the need to enforce fairness in the first place. But thats another conversation alltogether. Keep up the good fight!