On Collusion

The basic mechanism (see whitepaper in Chinese here) is that if a user of the platform holds KEY tokens, they have the ability to stake those KEY tokens on articles; every user can make “upvotes” per day, and the “weight” of each upvote is proportional to the stake of the user making the upvote. In the case of the /r/ethtrader donut system, for example, although governance polls are done via coin vote, the mechanism that determines how many donuts (ie. And this doesn’t even begin to mention attacks in the opposite direction, identity-issuing institutions attempting to disempower marginalized communities by denying them identity documents…

Given that so many mechanisms seem to fail in such similar ways once multiple identities or even liquid markets get into the picture, one might ask, is there some deep common strand that causes all of these issues?

Source: vitalik.ca