paper
The Economics of Blockchain Governance: Evaluate Liquid Democracy on the Internet Computer
Yulin Liu, Luyao Zhang
The Economics of Blockchain Governance: Evaluate Liquid Democracy on the Internet Computer
Yulin Liu, Luyao Zhang
paper2024-04-21English
blockchain financearxiv
Description
Decentralized Autonomous Organizations (DAOs), utilizing blockchain technology to enable collective governance, are a promising innovation. This research addresses the ongoing query in blockchain governance: How can DAOs optimize human cooperation? Focusing on the Network Nervous System (NNS), a comprehensive on-chain governance framework underpinned by the Internet Computer Protocol (ICP) and liquid democracy principles, we employ theoretical abstraction and simulations to evaluate its potentia...
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