kaal:claim:4529715-032

A reputation system that rewards voting with the majority, as Bridge Mutual uses, can be manipulated by users who create multiple wallets and always vote with the majority.

Source quote, verbatim

reliance solely on voting outcomes may present some vulnerability, as it could potentially be manipulated by users creating multiple wallets and voting with the majority.

From

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Appendix, Decentralized Insurance, Bridge Mutual, p. 113
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

Holds when

reputation derived solely from voting outcomes

Classification

failuresupport: arguedfailure: majority-conformity-reputation-gamingfamily: sybil-and-identity-attackdaoreputationconsensus-and-securitygovernance-design

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Attestation record: colloquium/attestations/093636260b71bb41...json
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