A Scalable Voting System: Validation of Holographic Consensus in DAOstack

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dc.contributor.authorFaqir-Rhazoui, Youssef
dc.contributor.authorArroyo, Javier
dc.contributor.authorHassan, Samer
dc.date.accessioned2020-12-24T20:09:46Z
dc.date.available2020-12-24T20:09:46Z
dc.date.issued2021-01-05
dc.description.abstractBlockchain technology allows for new forms of online governance relying on decentralized infrastructure. In particular, it has enabled the so called Decentralized Autonomous Organizations (DAOs): pieces of software deployed on a blockchain which mediate the interaction of groups of people. Allegedly, their main aim is to facilitate large-scale decentralized cooperation in online communities. In order to do that, they provide governance mechanisms for democratic decision-making in communities. One of the most popular novel decision-making systems is "Holographic Consensus", a voting mechanism intended to filter relevant proposals for large communities. To which extent is Holographic Consensus working as intended, facilitating effective scalable cooperation? In order to validate this method, we analyze the 22 DAO communities and 6000 users from the DAOstack platform, which uses Holographic Consensus in all its DAOs.
dc.format.extent10 pages
dc.identifier.doi10.24251/HICSS.2021.676
dc.identifier.isbn978-0-9981331-4-0
dc.identifier.urihttp://hdl.handle.net/10125/71296
dc.language.isoEnglish
dc.relation.ispartofProceedings of the 54th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectBlockchain Cases and Innovations
dc.subjectblockchain
dc.subjectdaostack
dc.subjectdecentralized autonomous organization
dc.subjectprediction market
dc.subjectvoting system
dc.titleA Scalable Voting System: Validation of Holographic Consensus in DAOstack
prism.startingpage5557

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