In the context of governance, have you guys thought about

Question

In the context of governance, have you guys thought about

giving more voting weight to the people that actually make transactions in the app rather than just the number of tokens owned? I know one vote for one token isn't a long-term goal. I understand RSV is not the same thing as RSR but I'm thinking you could give us the option to link them or something.

#cryptocurrency #english #reserve

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06.06.2022

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Ryan TreeFiddy Автор вопроса

I will read that. Thanks. What about basing it on the number of transactions though and not the dollar amount of the transactions. I'm not saying it would be the only measure but it could be one metric.

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06.06.2022

Sinatra

Ryan TreeFiddy
I will read that. Thanks. What about basing it on ...

If you think deeply about these topics, you very often keep running into the same walls (or at least that has been the case for Reserve). Even with your suggestions, that wealthy entity could just do a bunch of (fake) transactions to boost their governance votes (vaguely similar to how exchanges do wash trading).

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06.06.2022

Sinatra · Accepted Answer

Some kind of mix between owning both RSR and RSV in order to have governance voting rights has been theorized about, indeed, but ultimately decided that it would not be a solution. I think the conclusion was that bribing for governance votes would still be possible (a wealthy entity could buy a ton of RSV, maybe even in the app and thereby fake being an end user). More details about this and Reserve's thoughts on governance overall can be found here: https://medium.com/reserve-currency/the-decentralized-governance-problem-5849db55f4da.

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In the context of governance, have you guys thought about

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