notes on @vitalikbuterin quadratic payments primer

metamitya ·

notes on @vitalikbuterin quadratic payments primer

Replies

metamitya ·

?? p = the amount of the increase

metamitya ·

?? why is this true

metamitya ·

if your value for the article V = $1000 and donating $1 increase the probability that it gets written by 10% then the increased expected value of donating is V * p = $1000 * 0.1 = $10 so for $1 you can get a value of $10 and will therefore be incentivized to donate.

metamitya ·

so you would keep paying until the expected value of influence/tokens V * p < 1 ?? bonded curve

metamitya ·

Alice would pay up to $1 bc after $1 per 1% influence purchased the expected value dips below $1 and it doesn't make economic sense to pay any longer.

metamitya ·

Quadratic voting allows any participant to purchase influence proportional to their value judgement as opposed to one dollar one vote which optimizes for people who care a lot, or one person one vote which preferences those with those who may not care as much.

Quadratic voting allows any participant to purchase influence proportional to their value judgement…
metamitya ·

can vote on continuous functions.