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devcon 7 / voting with time commitment

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Voting with time commitment

Duration: 00:25:34

Speaker: Vijay Mohan

Type: Talk

Expertise: Intermediate

Event: Devcon

Date: Nov 2024

Token-based voting mechanisms employed by DAOs can encounter three potential problems: plutocracy, Sybil attacks and vote buying. If one were to design a voting mechanism from scratch, how does one ensure that these issues are addressed adequately down the road? This talk aims to provide some intuition for the trade-offs faced when tackling these problems in general, and the role of time commitment in alleviating these issues, in particular.

Categories

GovernanceMechanism designvoting