# kaal:claim:3441904-023

**Claim.** In delegated proof of stake protocols the significant block validation power of elected nodes leads to corruption, because those nodes are incentivized to bribe voters to be elected as delegates in exchange for some of the newly inflated tokens.

**Type.** mechanism  **Support.** evidenced

**Holds when.**

- delegated proof of stake protocols such as EOS, Lisk, and Ark

**Source quote.**

> That power leads to corruption. Block validation nodes in delegated proof of stake protocols are incentivized to bribe voters to be elected as delegates in exchange for some of the newly inflated tokens.

**From.** Wulf A. Kaal, *Blockchain-Based Corporate Governance* (2019), III.4 Lacking On-Chain Voting Mechanism, page 20

**Cite as.** Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

**Verify.** sha256 of source PDF `e6b562527f7f19accaa35491db0a0db168b6a936755e1dca424e9f30bee7a815` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202019%20-%20Blockchain-Based%20Corporate%20Governance.pdf

**Failure mode.** delegate-vote-buying  (family: plutocratic-capture)

**Topics.** consensus-and-security, governance-design

**Keywords.** delegated-proof-of-stake, bribery, voting-design, corruption

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.