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Blockchain & Web3
Q98 / 100
How can on-chain governance via token-weighted voting lead to "plutocracy" concerns, and what is one proposed mitigation?
Correct! Well done.
Incorrect.
The correct answer is A) Because voting power is proportional to token holdings, large holders can dominate decisions; mitigations include mechanisms like quadratic voting or delegation to spread influence
A
Correct Answer
Because voting power is proportional to token holdings, large holders can dominate decisions; mitigations include mechanisms like quadratic voting or delegation to spread influence
Explanation
Token-weighted governance can concentrate power among "whales"; alternatives like quadratic voting (cost increases with vote count) or vote delegation aim to balance influence more broadly across participants.
Progress
98/100