Skip to content

Commit 6cd6698

Browse files
committed
fixed -- Wrong wiki link for Liquid Democracy in white paper #8054
1 parent 692c5b9 commit 6cd6698

File tree

1 file changed

+1
-1
lines changed

1 file changed

+1
-1
lines changed

src/content/whitepaper/index.md

Lines changed: 1 addition & 1 deletion
Original file line numberDiff line numberDiff line change
@@ -315,7 +315,7 @@ A general outline for how to code a DAO is as follows. The simplest design is si
315315
- `[1,i]` to register a vote in favor of proposal `i`
316316
- `[2,i]` to finalize proposal `i` if enough votes have been made
317317

318-
The contract would then have clauses for each of these. It would maintain a record of all open storage changes, along with a list of who voted for them. It would also have a list of all members. When any storage change gets to two thirds of members voting for it, a finalizing transaction could execute the change. A more sophisticated skeleton would also have built-in voting ability for features like sending a transaction, adding members and removing members, and may even provide for [Liquid Democracy](https://wikipedia.org/wiki/Delegative_democracy)-style vote delegation (ie. anyone can assign someone to vote for them, and assignment is transitive so if A assigns B and B assigns C then C determines A's vote). This design would allow the DAO to grow organically as a decentralized community, allowing people to eventually delegate the task of filtering out who is a member to specialists, although unlike in the "current system" specialists can easily pop in and out of existence over time as individual community members change their alignments.
318+
The contract would then have clauses for each of these. It would maintain a record of all open storage changes, along with a list of who voted for them. It would also have a list of all members. When any storage change gets to two thirds of members voting for it, a finalizing transaction could execute the change. A more sophisticated skeleton would also have built-in voting ability for features like sending a transaction, adding members and removing members, and may even provide for [Liquid Democracy](https://en.wikipedia.org/wiki/Liquid_democracy)-style vote delegation (ie. anyone can assign someone to vote for them, and assignment is transitive so if A assigns B and B assigns C then C determines A's vote). This design would allow the DAO to grow organically as a decentralized community, allowing people to eventually delegate the task of filtering out who is a member to specialists, although unlike in the "current system" specialists can easily pop in and out of existence over time as individual community members change their alignments.
319319

320320
An alternative model is for a decentralized corporation, where any account can have zero or more shares, and two thirds of the shares are required to make a decision. A complete skeleton would involve asset management functionality, the ability to make an offer to buy or sell shares, and the ability to accept offers (preferably with an order-matching mechanism inside the contract). Delegation would also exist Liquid Democracy-style, generalizing the concept of a "board of directors".
321321

0 commit comments

Comments
 (0)