I will contend that it is impossible to develop some game theory mechanism that distributes voting power disproportionately to small holders, in the setting where you are unable to prove the identity of every voting wallet.
Game theory model can be developed for any system where there are competing players. I don’t think the game theory provided any exemptions, and I don’t see how the proposed voting system within a blockchain infra is exempted. Also, just like the consensus mechanism, the voting game theory model need not know your identity. Although, I have to admit I am not a mathematician, but I’d like to believe I am decent at math.
Are you suggesting that Cardano KYC every wallet in order to vote?
Not really. I mentioned KYC in relation to the popular referendum.
If not then whales will just split their wallets in the most optimal way possible to maximise their voting power in order to overcome any system design that seeks to somehow reduce their voting power. Furthermore, whales are very likely to be more sophisticated at doing so than the average small holder.
Empowering decentralized pools like my proposed mechanism that I described here solves this. Why? Because it is highly likely that in a decentralized pool, there are more small investors than there are more whales. Therefore, the pool vote stems from delegator consensus rather than from big player influence.
All this cardano-whale bashing is getting too much. No wonder he closed his twitter account. Sorry - bad joke.
That was not too bad actually. LOL.