Limitations of using the phrase "quadratic voting"
AI summary of the linked articleThe author argues that Snapshot's "quadratic" vote type should not be called quadratic voting, since it is a tally method that takes the square root of each option's vote total, not the mechanism proposed by Weyl and Lalley in Radical Markets. Quadratic voting assumes each identity votes once with a fixed number of credits, while Snapshot cannot prevent Sybil identity fraud, so a token-weighted vote lets large ERC20 holders split their balances across many addresses. The author suggests renaming the vote type to something like "vote tally square root" to avoid confusion. |
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