hardwax

A decentralized identity system that works will be a very significant component to the dweb stack.

But people that have experience building decentralized protocols will tell you that it's a very hard problem to solve, for many reasons.

This is an engineering community, so I believe that it's important to focus on things that exist today. Not on speculative solutions.

"working on it" vs "works today"...

You have a pool of funds as well as a number of donors that donate to a set of projects.

The pool of funds is then allocated based on the unique donors each project had.

The math is quite interesting, but unfortunately it assumes identity in order to be implemented in a decentralized setting.

Noone has solved identity in decentralized systems.

Quadratic funding allocates a pool of funds based on the number of unique donors a project has.

The proposed solution will exclude a very significant portion of potential contributors. Vitalik hints politely on that by saying that there are trade-offs between security and inclusiveness...

It's quite disappointing that Vitalik keeps pushing something that fundamentally doesn't work in a decentralized setting.

The proposed mechanism "assumes" identity, otherwise the mechanism is gamed easily. Which is what has been happening.