Responsible Self-Funding in Dash Governance System
Ivan Chistiakov, Yury Yanovich · 2020
Decentralized voting and self-funding allow cryptocurrencies to make joint decisions and finance their development. Dash cryptocurrency has a working self-funding and decision-making system for supporting event and improvement proposals---the Dash Governance System. While it is fully operational, as currently designed, it does not incentivize voting efficiency. The Dash Governance System struggles to scale, with the number of proposals rising, as each participant needs to review each proposal. This work introduces a new mechanism for processing proposals. It meets scalability and makes thoughtful voting the most profitable strategy.