Holographic Consensus — Part 2

Matan Field
Jun 18 · 5 min read
  1. For the sake of resilience, all those decisions need to be representative of the DAO’s global opinion, i.e. be in line with the majority of the DAO’s voting power.
  2. On the other hand, since attention is scarce and decisions so frequent, only a small fraction of the DAO’s voting power can observe each decision.
  3. We thus reach a conflict: naive governance protocols cannot allow for frequent and aligned decisions at the same time.
  4. Holographic consensus (HC) provides a solution to this tension by allowing local decisions, hence scalability, that are guaranteed to represent the entire group.¹

The Genesis Protocol

The goal of the Genesis v0.2 protocol is to achieve a minimally viable version of holographic consensus that extends the basic governance throughput of crowd organizations to a large degree, while avoiding major resilience issues. We’ll begin by describing the protocol’s basic mechanics.

  • A proposal becomes boosted if its Confidence score is above the boosting threshold continuously for some time, similarly to the quiet-ending feature. This extra-time requirement gives dissenting predictors a chance to place their stakes by preventing instant-boosting (which opens up an attack surface) and allows the saturation of predictions for the sake of maximizing security.
  • The boosting threshold we use in Genesis v0.2:

Learn More and Get Involved

  • Dive into Alchemy and on-board yourself to the Genesis DAO.
  • Governance researcher or decentralist advocate? Join the conversation on DAOtalk.
  • Join the DAOstack community on Discord, and follow on Twitter.

DAOstack

DAOstack is designed to catalyze the future of collaboration. It's a platform for decentralized governance that enables collectives to self-organize around shared goals or values, easily and efficiently.

Thanks to Ezra Weller.

Matan Field

Written by

Archi-tect at DAOstack.

DAOstack

DAOstack

DAOstack is designed to catalyze the future of collaboration. It's a platform for decentralized governance that enables collectives to self-organize around shared goals or values, easily and efficiently.