Using “Wait for Quiet” voting in The DAO

  • Voting extends the debating period even when there is plenty of time remaining
  • Voting extends the debating period even when voters are showing agreement
  • Voting does not extend the debating period more when voters disagree, even if the voting balance is swinging one way then the other
  • The further from a 50–50 tie we are the less noise votes make allowing for uncontroversial proposals to be decided faster
  • Voting “against the grain” produces more noise (since the distance e shortens) providing relatively more debating time when significant opposition appears
  • Ambush attacks are prevented since submission of votes always generates noise, with more noise generated the more controversial a proposal (as e will be smaller)
  • Those who might have planned to push through proposals by ambush are instead incentivized to vote immediately further helping to expedite decisions (to see why imagine instead such an actor submitted their votes one by one, and each were followed by an opposing opposite vote. Since the e values would be smaller this would create more noise providing extra time for the silent majority to join the fray against them)

--

--

--

President/Chief Scientist DFINITY

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Dominic Williams

Dominic Williams

President/Chief Scientist DFINITY

More from Medium

Description of PEA Ecosystem

Justified or Not: Nuclear Weapons Dropped on Japan in 1942

Throughout the passage of Civil Rights era legislation, American discourse had become dominated…

How Zero Knowledge is Rebalancing the Scales of the Internet