Cardano�Smart Voting
From simple concept to complex behaviour
1.
Smart Voting
A simple concept...
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Two Voters
“I want low fees to sell lots of my art via microtransactions!”
“I want high fees to earn more rewards for my stake pool!”
Alice
Bob
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Opposing Interest Descriptor - OID
“I want low fees to sell lots of my art via microtransactions!”
“I want high fees to earn more rewards for my stake pool!”
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Zero Fees
Extreme Fees
Low fees are great to increase transaction numbers and for small / many transactions.
Coffee anyone?
High fees are great for security and a solid treasury foundation for better development.
Staking rewards anyone?
Fees
Community-Defined OIDs
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Fees
Marketing
…?
Community Advisors add OIDs to Ideas
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Distance of Interest
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Fees
Marketing
A
B
Automated Voting Proposals
Calculate distance between personal interests and ideas.
Optionally filtered by overall idea quality.
How Carol Votes in 5 Minutes
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Automated Voting Proposal
Answer the following 6 questions:
Network fees should be high.
[ Disagree - Neutral - Fully agree ]
Marketing is important for Cardano.
Inspired by: VAA, scientifically proven to improve voting outcomes even in messy real-life politics - https://en.wikipedia.org/wiki/Voting_advice_application
2.
Beyond Smart Voting
... to complex behaviour
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Algorithmic Interest Groups
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CC source: https://commons.wikimedia.org/wiki/File:OPTICS-Gaussian-data.svg
Algorithms can find clusters of interests in the n-dimensional space of ideas and voter interests.
Pick your Party - Find your Crowd
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CC source: https://stackoverflow.com/questions/54629587/��* https://en.wikipedia.org/wiki/Hierarchical_clustering
What interest groups are there and what / how much do I�Have in common?
Hierarchical clustering* of this info let’s you find collaborators.
Algorithmic Vote Delegation
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A trustless blockchain should have a trustless voting delegation system.
Instead of delegating to a person, Carol can delegate to an (on-chain) algorithm of her choosing.
I’ll delegate to AlKhwarizmi_v3.14 for Fund 38 - same OIDs, but the fees really should be lower, I’ll adjust that a bit.
Voting on CIPs and Parameters
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Eventually voting will not be restricted to Catalyst Ideas. Cardano Improvement Proposals (CIPs) and network parameters will also be decentralized.
Also, why just vote yes / no? Why not on a sliding scale with weighted results?
0.0016
16.0
Base fee vote (current 0.16)
A Sustainable Information Hub
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rewards
info
For this to work there must be a self-sustaining community effort and information must be trusted and distributed.
Community Advisors assign ratings
Ada holders add ratings, define OIDs
Information value*
Put information into the system to get rewards.
Put rewards into the system to get information
* Ada or a token
Voters use algorithms
Interest groups analyze decisions
3.
Funding Scope
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Scope of Fund 6:�Just getting started
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Just like for the development of Cardano itself, a vision needs time to grow and many issues (privacy, stability, math, …) need to be worked out.
For now this is more of a draft than a fleshed out proposal, so all I ask at this moment, are initiation costs for me to follow up on these ideas, find a good team, do more research. A vote of approval - if you will - to come back for Fund 7 or 8 with something much more concrete.
Thanks!
Any questions?
You can find me at Catalyst Ideascale and on discord as @cargocultprogramming
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...and yes, there is a story behind the nick - ask me! ;)
Credits
Special thanks to all the people who made and released these awesome resources for free:
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