NEWPOSTKleros and Mob Justice: Can the Wisdom of the Crowd Go Wrong?
Comparing Schelling Point Justice to Traditional Justice"In Kleros, we resolve disputes through crowdsourcing. Specifically, we randomly select a group of jurors that rule on the case. To incentivize the jurors to be honest, they are rewarded or penalized based on whether or not they are coherent with the vote of others.
The basic idea is that, if you dont have any information on how the other jurors are going to vote, you think that they are more likely to be honest than not. "
William George Blockchain and cryptoeconomics researcher for Kleros leads the discussion.
https://medium.com/kleros/kleros-and-mob-justice-can-the-wisdom-of-the-crowd-go-wrong-ef311209ea36