On 6/20/07, Zefram <[EMAIL PROTECTED]> wrote:
We have a lovely system where all the influences on voting power are persistent (for a period of time), not per proposal. It is marred by per-proposal rewards. We've just discussed per-proposal voting power, which has been done before. Let's consider the other approach: time-based rewards for proposals.
Not trying to bash the idea, but fully time-based voting power has been done before as well, in the form of VEs (Voting Entitlements). Officers and judges received salaries in a base currency called Stems, in addition to a minimum wage received by everyone. Stems were used to purchase units of more useful currencies, including VEs, at auction. With that system we ran into some of the same entrenchment issues that we're seeing now, just not as quickly. However, we had no reset mechanism for VEs back then, which makes a huge difference. The only real complaint I have about the idea is that I don't think it would lead to interesting play -- just propose something small and innocuous, collect the reward, wait a week, wash, rinse, repeat. -root
