RadicalxChange Barcelona - Conviction Voting presentation by Sem
Channel: Commons Stack
Date: 30/01/2020

David Llop (@sembrestels on github/twitter) is a Computer Science PhD student and an experienced software developer that has contributed to many open source and free software projects during the last 10 years. Most of these projects relate to privacy-focused functionality (such as Dark Wallet) and community-focused functionality (such as federated social networks and engines such as Elgg). He will be talking about the fundamental concepts of Conviction Voting, explaining a bit of the math behind it, and will demo its first implementation in an Aragon Dapp, which has been developed as a 1Hive project.

Conviction Voting is a decentralized coordination system that allows communities governing a shared resource to choose priorities among tabled proposals. It can be used to decide which proposals get funds from a common pool of resources, and mitigate the effects of voter apathy. In this system, votes are continuous and can be changed anytime, with voting tokens remaining liquid. Another fundamental property of CV is that voting weight for a specific proposal grows stronger over time (as long as the vote is not changed), and proposals pass when voting power reaches a threshold trigger value of total community conviction.

Many thanks to RadicalxChange and Akasha Hub for hosting us.

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