A Scalable Voting System: Validation of Holographic Consensus in DAOstack

Blockchain 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...

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Detalles Bibliográficos
Autores: Faqir-Rhazoui, Youssef, Arroyo Gallardo, Javier, Hassan Collado, Samer
Tipo de recurso: capítulo de libro
Fecha de publicación:2021
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/8766
Acceso en línea:https://hdl.handle.net/20.500.14352/8766
Access Level:acceso abierto
Palabra clave:Blockchain Cases and Innovations
blockchain
daostack
decentralized autonomous organization
prediction market
show 1 more
Informática (Informática)
1203.17 Informática
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oai_identifier_str oai:docta.ucm.es:20.500.14352/8766
network_acronym_str ES
network_name_str España
repository_id_str
spelling A Scalable Voting System: Validation of Holographic Consensus in DAOstackFaqir-Rhazoui, YoussefArroyo Gallardo, JavierHassan Collado, SamerBlockchain Cases and Innovationsblockchaindaostackdecentralized autonomous organizationprediction marketshow 1 moreInformática (Informática)1203.17 InformáticaBlockchain 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 them 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. Our results show that this mechanisms seems to follow the expected behavior, facilitating scalable decision-making in large DAOs.University of HawaiiUniversidad Complutense de Madrid20212021-01-0120212021-01-01book parthttp://purl.org/coar/resource_type/c_3248info:eu-repo/semantics/bookPartapplication/pdfhttps://hdl.handle.net/20.500.14352/8766reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Atribución-NoComercial-SinDerivadas 3.0 Españahttps://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/87662026-06-02T12:44:21Z
dc.title.none.fl_str_mv A Scalable Voting System: Validation of Holographic Consensus in DAOstack
title A Scalable Voting System: Validation of Holographic Consensus in DAOstack
spellingShingle A Scalable Voting System: Validation of Holographic Consensus in DAOstack
Faqir-Rhazoui, Youssef
Blockchain Cases and Innovations
blockchain
daostack
decentralized autonomous organization
prediction market
show 1 more
Informática (Informática)
1203.17 Informática
title_short A Scalable Voting System: Validation of Holographic Consensus in DAOstack
title_full A Scalable Voting System: Validation of Holographic Consensus in DAOstack
title_fullStr A Scalable Voting System: Validation of Holographic Consensus in DAOstack
title_full_unstemmed A Scalable Voting System: Validation of Holographic Consensus in DAOstack
title_sort A Scalable Voting System: Validation of Holographic Consensus in DAOstack
dc.creator.none.fl_str_mv Faqir-Rhazoui, Youssef
Arroyo Gallardo, Javier
Hassan Collado, Samer
author Faqir-Rhazoui, Youssef
author_facet Faqir-Rhazoui, Youssef
Arroyo Gallardo, Javier
Hassan Collado, Samer
author_role author
author2 Arroyo Gallardo, Javier
Hassan Collado, Samer
author2_role author
author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv Blockchain Cases and Innovations
blockchain
daostack
decentralized autonomous organization
prediction market
show 1 more
Informática (Informática)
1203.17 Informática
topic Blockchain Cases and Innovations
blockchain
daostack
decentralized autonomous organization
prediction market
show 1 more
Informática (Informática)
1203.17 Informática
description Blockchain 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 them 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. Our results show that this mechanisms seems to follow the expected behavior, facilitating scalable decision-making in large DAOs.
publishDate 2021
dc.date.none.fl_str_mv 2021
2021-01-01
2021
2021-01-01
dc.type.none.fl_str_mv book part
http://purl.org/coar/resource_type/c_3248
dc.type.openaire.fl_str_mv info:eu-repo/semantics/bookPart
format bookPart
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/8766
url https://hdl.handle.net/20.500.14352/8766
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial-SinDerivadas 3.0 España
https://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución-NoComercial-SinDerivadas 3.0 España
https://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv University of Hawaii
publisher.none.fl_str_mv University of Hawaii
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,228081

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