Quote from: smartwart on January 26, 2014, 12:50:22 PM

Quote from: NxtChg.com on January 26, 2014, 09:35:43 AM

Hey, it's been quiet for some time in here... Let's bring the voting discussion back!

So do we have any practical ideas of reliable voting at all?

The whitepaper is very vague about it, no technical details about how this magical democracy will happen.

ahh Voting!
one of my favorite discussions ;-)

Currently read many good aspects here!
I think we need to consider most of them in beta Client.
More and more it becomes clear there is not THE ONE way for VS.
But there are different poll-categories, e.g "assets polls" is different category as "best button-color polls".

The poll initiator should be able to choose boundary conditions depending on poll-topic.
The poll boundary conditions need to be transparent during run time.
To be more constructive lets try to collect some "Voting Models":

general options:

- min. permitted Account Deposit

- min. permitted Account age (Blocks)

- poll duration (Blocks)

- Voting Fee

Voting Models:

+ 1 NXT == 1 Vote { vote = Func(accountBalance) }

+ 1 NXT == x Vote { x = Func(accountBalance) = polynom * accountBalance}

+ 1 Account == 1 Vote { vote = Func(accountBalance) = 0.5 * accountBalance}

+ 1 Account == 1 Vote { Jcsarokrin Biometric Authenification: http://juliansarokin.com/100-years-the-future-of-government/}

+ coolmist: {votingweight = ( 1 / similarity ) ^ (4/3) * (accountbalance)^(1/3) * (accountage)^2 (timesvoted)^(3/2)}

no claim to completeness!

We need to discuss selection options too:
[true] [false] [abstention]
I think [abstention] provides an important information too.
E.g. a high count of [abstention] tells the poll creator "interesting question buddy, but not this way!!!" ...

It makes sense to collect all ideas to keep the overview.
Please extent the "general options" and "voting models" and "selection options" ideas!!!

Apparently, we buy NXT as we buy stock from a company. So 1 NXT== 1 Vote is more reasonable. 1 Account == 1 Vote is nonsense because account can be created freely and rich people always can split his account into lots of small accounts. 1 NXT == x Vote is also impractical. we can't decide which NXT has more weight. yes, give rich people more power is not democracy, but is the way a real company run.