The ambition of Cosmic.vote is to bring decentralized organizations to Stellar. No wonder that Majority Judgment has been chosen for its first contract: when it comes to decentralized governance, having a well-designed, robust voting system is an absolute game-changer. Let’s see why Majority Judgement is superior in this matter.
Majority Judgment is a voting system invented in 2007 by Michel Balinski & Rida Laraki. Those scientists based their design on decades of studies regarding voting systems — a field known as social choice theory.
The point of Majority Judgment is to combine the advantages of previous voting systems while avoiding as many flaws as possible. While a perfect voting system has been proven impossible to achieve, Majority Judgment appears to be the closest to an ideal solution. …
I went briefly over the concept of Cosmic.link and delegated signing, and announced the first app to use this technology on Stellar. I concluded on the challenge ahead: bootstrapping adoption.
By the time, the number of wallet-independent applications on Stellar was 0. Let’s see what developers have accomplished since then.
Cosmic.link makes it possible for applications to communicate with your software wallet the same way they do with Ledger wallets. In other words, it makes it possible to login & sign transactions from multiple Stellar applications using only one wallet — without ever granting any form of control over your accounts. …
What makes CosmicLink different from most Stellar-related services is that it is an open solution. In other words, instead of jailing users for growth & profit, it gives the keys to everyone. Let’s dig together into one of the greatest feature of such an open system: forks.
CosmicLinks offers applications to send transaction requests to user wallets, where the transaction can get signed without compromising private keys. The flow is as follows:
User wallet is known:
User wallet is not…