https://deeponion.org/community/threads/i-dont-really-understand-much-about-vote-central-idea-in-term-of-decentralization.7849/#post-105148
Will this platform be on the forum or into the wallet?
It would be amazing if it was integrated in the wallet. That would be much better than a centralized solution on the forum.
Well it wouldn't be better, it NEEDS to be onchain, you cant centralize this vote on the forum of the coin, that would remove the whole purpose of it... Most coin ive seen that has voting is of course on chain, every DPoS coin requires voting for the delegates and its all done onchain, cannot be done any other way.
The VoteCentral is an interesting concept and I am not sure, how big the influence of this center should be. It makes sense, that the early supporters of the coin can decide the future direction of the coin; however, this might lead to some disagreement in the community.
Regarding the question, if it should be online, on the wallet or on the chain, I currently found all of it appropriate. gigabyted, could you elaborate, why it "HAS" to be on the chain?
Are there other altcoin examples of VoteCentrals? How did they approach the issue? What did go right, what did go wrong? I think, we should learn from their successes and mistakes.
Kind regards,
Halcyon D.
Couldn't the voting process be proof of stake like? So if someone with 1% of the supply votes then the vote's weight is exactly 1% of all votes (assuming everybody casts a vote).