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RE: Surity Bonds - Decentralized Accountability for Actions that Harm Community
This seems like a good idea at first but it could be abused too. I'm not sure the added complexities are worth the potential gain. Thank you for sharing though we need to keep thinking about how we can improve things.
Edit: Just to add. Those who act badly on the platform do ultimately lose anyway by depreciating the value of their SP. The ones most capable of gaming the voting system are the ones who have the most SP so in some ways it balances out anyway. That is not to say that people are always rational actors. Just because you are a whale it does not make you any wiser or economically intelligent than anyone else.
i agree, this is just another system that can be gained. i'm unconvinced the added complexity is warranted in this case.
What about the imbalance he points out in the current system?
The problem may be legitimate even if his solution has other problems.
I never really thought of it as a problem since most orca whales are founders or insiders with intentions of seeing the system succeed. Have there been instances of abuse that we know about, or is this more to shore up the system to reduce future vulnerabilities?
That can't be counted on in the future
true, it's possible some divest, but is this even an issue now, or just something highlighted as a potential issue?
Yes I think one of the problems with any system involving many humans interacting is that even a small change to fix something can introduce a whole other set of problems (some of them unforeseen).
Yup, and changes induce uncertainty themselves...best for the proposed change to reduce uncertainty/complexity, like the recent fork...perfect example of beneficial change.
Agreed.