📅 Original date posted:2015-08-08 📝 Original message:Also there may need to be ...

Hector Chu [ARCHIVE] /

npub170s…r45x

2023-06-07 17:34:26

in reply to nevent1q…usry

📅 Original date posted:2015-08-08
📝 Original message:Also there may need to be weighting depending on how long the coins have
been locked for, to stop voting at the last minute having an undue
influence.

On 8 August 2015 at 07:27, Hector Chu <hectorchu at gmail.com> wrote:

> Has there ever been any discussion of locking coins till a certain date
> for casting votes on an issue?
>
> Say that the date for counting votes is 3 months from now. Every one who
> wants to cast a vote must lock coins until the vote closes (using CLTV). To
> increase the weight of your vote, lock more coins. Write your choice in the
> scriptPubKey or an OP_RETURN data output.
>
> On the date the vote closes the nodes tally up the coin values for the
> various vote options, and the choice with the highest total is the winner.
>
> Not saying this could be used to solve the block size issue necessarily,
> but we could have choices like:
> 1) Keep block size the same
> 2) Reduce block size by 10%.
> 3) Increase block size by 10%.
>
> The vote could be a rolling one. When the present vote is decided the vote
> for the next 3 months starts.
>
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Author Public Key

npub170s9de2ganthnna75443h70tnsn2lvmcq5365r0juk8nfa93lthqwjr45x

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Published at

2023-06-07 17:34:26

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Event JSON

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