search

ArkEcosystem / AIPs

ARK Improvement Proposals
26 stars 25 forks source link

AIP 7: Proxy Voting #2

Closed Doweig closed 6 years ago

Doweig commented 7 years ago

https://github.com/cosmos/cosmos/issues/43#issuecomment-264106839

back in 2014, we were running BitShares in version 1.0 which had exactly the problems you described. Today, with Bitshares 2.0, we have proxy voting. It allows shareholders to direct their voting power to another account which then has more total voting power. This allows to establish a group of arbitrary size to be able to react quickly shall it be necessary (e.g. fire a witness)

Witness aka Forging delegates. That is a good idea to make the network more responsive.

2mdoty commented 7 years ago

Would very much like to see proxy voting. This will help encourage voter participation, and lays the foundation to use Ark code for liquid democracy, https://en.wikipedia.org/wiki/Delegative_democracy , article by Dominik Schiener, https://medium.com/organizer-sandbox/liquid-democracy-true-democracy-for-the-21st-century-7c66f5e53b6f#.9uw31kqq1

Doweig commented 7 years ago

Nice! Pasting here the pictures from 2mdoty's links:

Wikipedia Dominik Schiener
fix commented 7 years ago

proxy voting has the advantage to tweak dpos consensus so stakeholders AND good reputation can weight in the process of choosing active delegates.