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Votes as buy orders: a new type of hybrid coin voting / futarchy - Ethereum Research

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Special thanks to Dan Robinson for discussion This post proposes a form of coin voting that mitigates tragedy-of-the-commons issues in traditional coin voting that limit its ability to respond to (potentially obfuscated) vote-buying attacks. Problem The core tragedy-of-the-commons problem in coin voting is that each voter only internalizes a small portion of the benefit of their voting decision. This can lead to nasty consequences when it hits against an attacker trying to buy votes: if the v...

Votes as buy orders: a new type of hybrid coin voting / futarchy - Ethereum Research Votes as buy orders: a new type of hybrid coin voting / futarchy vbuterin August 11, 2021, 3:16am 1 Special thanks to Dan Robinson for discussion This post proposes a form of coin voting that mitigates tragedy-of-the-commons issues in traditional coin voting that limit its ability to respond to (potentially obfuscated) vote-buying attacks. Problem The core tragedy-of-the-commons problem in coin voting is that each voter only internalizes a small portion of the benefit of their voting decision. This can lead to

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