Author Topic: Proposal to run voting similiar to a 401k for casual users  (Read 1454 times)

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Offline Pheonike

If possible I think this proposal can incentivize users to vote who don’t have the time to research all the delegates.  Just as we pick funds in 401k, users can pick categories for their votes.
Delegates declare the category they are working within. This will be in on the blockchain and can’t be changed later. Those categories are then used for the Poll. People who vote directly for a delegate get the full weight of their stake(current system). Those that vote through in the poll will have their vote proportionally divided by the percentage to the individual categories. Inside those categories their vote is then weighted to individual delegates based on how many individual public keys voted for those delegates.

This allows casual voters to have impact without having to research the individual delegates. An incentive can be giving to those that participate in poll. This can be set up so that they poll occurs on a certain interval (60/90 days). If you take the poll then vote for delegates directly later within the poll period, the incentive pay is repaid back to Bitshares. If have voted directly for a delegate in the past x days then you don't receive an incentive.

This system is kinda similar to US senate and house of representatives. It allows the casual users to have a similar influence to those that do take time and research and for individual delegates.

Example

As a customer of Bitshares you have direct impact on how the service is ran. How would you like your influence to be represented in the Bitshares service.

Please give a percentage to the individual categories below?

__% Developement
__% Marketing/Advertising
__% Charity
__% Security

Thank you for participating and as a reward for you will receive x BTS.