You are viewing a single comment's thread from:

RE: LeoThread 2024-07-01 05:10

in LeoFinance4 months ago
  1. Potential for abuse: Voting systems can be manipulated by large stakeholders, potentially leading to centralization of power.

  2. Lack of legal standing: While these systems provide internal governance, they may not satisfy legal requirements in various jurisdictions.

  3. Slow response: Consensus-based decision making can be slow to respond to urgent issues.

  4. Incomplete content control: While downvoting can reduce visibility of inappropriate content, it doesn't remove it entirely from the blockchain.