One person one vote governance carries the risk of majority tyranny, in which the majority imposes its will on minority groups, and it is unsuited to decisions requiring specialized knowledge.
Source quote, verbatim
However, one person one vote governance also has some limitations and challenges, such as the potential for majority tyranny, where the majority can impose their will on minority groups.
From
Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), DAO Governance Standards, p. 12 https://ssrn.com/abstract=4529715 · source PDF
Cite as
Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715
restated_bykaal:claim:5254152-001 One-person-one-vote in DAOs equalizes voting power across participants regardless of financial stake, but it c...
extendskaal:claim:3782210-033 One-person-one-vote governance fails on technical questions because half the members have less than average ex...
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