How does Dao achieve decentralized governance?

Decentralized autonomous organization （DAO） In the past two years, it has been concerned by many people . We know ,DAO It is a derivative application scenario of blockchain technology , It relies on “ De centralization ”“ Highly autonomous ” Two core features , It was once called a new social organizational structure that can replace the current corporate system .

DAO The fundamental reason for realizing decentralized autonomy comes from its voting mechanism . It is similar to the equity in the company system ,DAO It carries the ownership in the organization 、 Decision making power 、 Certificate of usufruct and other functions . Organization members can use these passes to DAO The decisions in are governed by voting .

Early DAO in , One pass one vote is adopted （1T1V） The pattern of , But after implementation , It is found that this mode can easily lead to centralization . Simply speaking , That is, the more cards an individual holds, the higher the right to speak . Therefore, developers soon abandoned this simple but harmful voting mechanism , Begin to explore more fair and democratic voting methods .

Here's today DAO Several common voting methods for decentralized governance in .

1、 Mobile democracy （Liquid democracy）

This is a way of voting that centralizes power , Organization members entrust their decision-making power to professionals they can trust , These professionals represent the members' opinions and decisions . This model will effectively improve the efficiency of governance , It can also save a lot of energy for the members of the organization .

Maybe someone will say , What is the difference between this and centralization ？ ad locum , DAO It shows its brilliance . Professionals entrusted by members may not be reliable , but DAO The ownership of the pass that can participate in the decision-making and voting remains in the hands of the members , They can withdraw their delegation at any time , Or change the principal . This is it. DAO Mobile Democracy Strategy in . The professionals entrusted are not fixed , When something goes wrong , It can be replaced at any time . In this mode , Although the power is concentrated , But it's fluid , Although there may still be bribes 、 Collusion, etc , But it is clearly a big step towards decentralization and autonomy .

2、 Quadratic voting

This is the founder of Ethereum V A method of voting proposed by God , Its core is to allow a single member to vote repeatedly on a decision , But and 1T1V The pattern is different , Every repeat , The required pass will cost the second power of the number of votes . For example 1 Votes , Need to spend 1 A pass , The first 2 It will cost 4 individual , The first 3 Time 9 individual , And so on .

This kind of voting , It can show the strong attitude of the members towards a certain decision , It can also effectively prevent members who hold a large number of certificates from monopolizing decision-making power . however , This model also has a big flaw , That is, it needs a very strict identity screening mechanism . This is to prevent members from forging 、 After changing identity , Repeated use “ The first 1 Votes ”.

3、 Exit mechanism

DAO The fundamental principle of voting is “ The minority is subordinate to the majority ”, Under this principle , There may be members who use the majority advantage to bully members who have only a few voting rights . The exit mechanism is such a guarantee “ minority ” A mechanism whereby members' funds are not misappropriated . It originated from Moloch, It is now common to have Moloch Framework of the DAO in .

Under this mechanism , Any member can exit at any time DAO, And destroy yourself in DAO Medium “ shares ”, Get back their corresponding share of funds . The advantage of this mechanism is , No member can control the funds of other members , The decision-making result of voting cannot harm the interests of the members of the organization . This also allows members who have the majority decision-making power to consider the interests of other members when making decisions , Otherwise, when everyone else quits , Become “ Polished rod commander ” It doesn't make sense .

The exit mechanism makes the whole DAO The members of the organization reach a unity of common governance , Instead of harming the interests of others for their own interests . Of course , Its disadvantages are also obvious , Members can exit at any time with investment funds , Also for the DAO The stability of has brought great uncertainty .

Conclusion

DAO There are many voting mechanisms used to achieve decentralized democracy , They have their own advantages , Under the limitation of Technology , They also have some shortcomings , The degree of decentralization varies .

however ,DAO As a new form of organization , More fair 、 The democratic governance rules have solved the uneven distribution of resources in the current society 、 Excessive monopoly 、 Waste of resources and many other problems . so to speak ,DAO Appearance , It is people's original pursuit of social organization form , Under constant exploration , Believe in ,DAO Our voting mechanism will eventually achieve a high degree of democracy .