Wikidata:Property proposal/minimum amount to participate in voting

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minimum amount required to participate in voting[edit]

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   Under discussion
Descriptionminimum amount required to participate in voting on a blockchain with on-chain governance
Representsitem
Data typeQuantity
Domaincryptocurrency (Q13479982)
Example 1Tezos (Q55290870) → 1 roll (Q86535507) (=8,000 tezos)
Example 2waves → 1000 WAVES https://docs.wavesplatform.com/en/waves-node/
Example 3decred → 1 ticket

Motivation[edit]

This is an important property of a PoS cryptocurrency because it regulates how much investing is necessary to have an influence on voting. This is important because for different PoS systems different amounts of capital is needed for an attacker to take over the network. Such a malicious take-over is believed to have happened recently with Steem, see [1] [2]. In this case the capital was actually already in place in 3 exchanges staked by thousands of users. The colluding of these 3 validators enabled the take-over by a single actor.--So9q (talk) 15:21, 1 March 2020 (UTC)

Discussion[edit]

  • Symbol oppose vote.svg Oppose @So9q: please fill in the other two examples, and explain what this means --DannyS712 (talk) 19:06, 19 March 2020 (UTC)