SCIENCE@home

Commitment Voting: A Mechanism for Intensity of Preference Revelation and Long-Term Commitment in Blockchain Governance

C. Berg,S. Davidson,J. Potts

Published 2020 in Social Science Research Network

ABSTRACT

Commitment voting is a mechanism for signalling intensity of preferences and long-term commitment to governance decisions in proof of stake blockchains. In commitment voting, the voting weight of a vote in any given election is determined by 1) the amount of tokens under a voters control and 2) the time that the voter is willing to lock their tokens up for that election. Winning votes are locked up for the nominated amount of time. Losing votes are released as soon as the election has results. Commitment voting requires voters to commit to the decisions they make while still allowing those who disagree with the majority to exit the community.

PUBLICATION RECORD

  • Publication year

    2020

  • Venue

    Social Science Research Network

  • Publication date

    2020-12-04

  • Fields of study

    Business, Computer Science

  • Identifiers
    DOI 10.2139/ssrn.3742435
  • External record

    Open on Semantic Scholar

  • Source metadata

    Semantic Scholar

CITATION MAP

EXTRACTION MAP

CLAIMS

  • No claims are published for this paper.

CONCEPTS

  • No concepts are published for this paper.

REFERENCES

Showing 1-7 of 7 references · Page 1 of 1

CITED BY