kaal:claim:4529715-037

A DAO built on reputation rather than a fungible token, as CRDAO is, makes the 51 percent attack nearly impossible and renders sock puppet attacks technically possible but of little influence.

CRDAO is fairly attack resistant because of its use of reputation. As a result, sock puppet attacks are technically possible, but would have little influence. CRDAO does not appear to have a fungible token, so the 51 percent attack is nearly impossible.

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023), Appendix, Services DAOs, CRDAO, p. 165
https://ssrn.com/abstract=4529715 · source PDF

Wulf A. Kaal, Josh Bykowski, Decentralized Autonomous Organizations (DAO) – A Market Meta Analysis (2023). SSRN: https://ssrn.com/abstract=4529715

• reputation based governance
• no fungible governance token

mechanismsupport: argueddaoreputationgovernance-designconsensus-and-security

• restated_by kaal:claim:5254152-027 Requiring users to purchase governance tokens in order to vote both centralizes power in majority token holder...
• supported_by kaal:claim:5254152-030 A one person, one vote structure raises a DAO's resistance to 51 percent and sock puppet attacks, as reflected...
• extended_by kaal:claim:5254152-013 Low attack resistance in DAOs is typically caused by the use of easily purchasable or transferable governance ...
• supported_by kaal:claim:5254152-038 Reliance on fungible, publicly tradable governance tokens undermines a protocol's resilience by exposing it to...

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