✳flâneur — a map of the web's best reading

Quadratic Payments: A Primer

vitalik.eth.limo · 4,631 words · saved by 1 readers

If you follow applied mechanism design or decentralized governance at all, you may have recently heard one of a few buzzwords: quadratic voting, quadratic funding and quadratic attention purchase. These ideas have been gaining popularity rapidly over the last few years, and small-scale tests have already been deployed: the Taiwanese presidential hackathon used quadratic voting to vote on winning projects, Gitcoin Grants used quadratic funding to fund public goods in the Ethereum ecosystem, and the Colorado Democratic party also experimented with quadratic voting to determine their party platform. To the proponents of these voting schemes, this is not just another slight improvement to what exists. Rather, it's an initial foray into a fundamentally new class of social technology which, has the potential to overturn how we make many public decisions, large and small. The ultimate effect of these schemes rolled out in their full form could be as deeply transformative as the industrial-era

Dark Mode Toggle Quadratic Payments: A Primer 2019 Dec 07 See all posts Quadratic Payments: A Primer Special thanks to Karl Floersch and Jinglan Wang for feedback If you follow applied mechanism design or decentralized governance at all, you may have recently heard one of a few buzzwords: quadratic voting , quadratic funding and quadratic attention purchase . These ideas have been gaining popularity rapidly over the last few years, and small-scale tests have already been deployed: the Taiwanese presidential hackathon used quadratic voting to vote on winning projects, Gitcoin Grants used quadra

Explore this link on the map →

related reading