Developers Forum for XinFin XDC Network

Discussion on: DaoFin Draft: Decentralizing XDC’s Ecosystem Development

duts profile image

Great suggestion. The problem with doing something like this is you end up taking too much power away from the community. Whoever does the pre-screening is going to have a ton of power, and will probably be able to wield it unaccountably and without transparency. That said, the current system is designed to make it hard for high value proposals to pass. High value proposals need a lot of support from multiple branches of the government, and, given that the judiciary will do due diligence and publish reports and feedback for the larger community to review, I think there's very little risk that bad actors will get any funding. In fact, the downside of this system - and of all divided government, in politics too - is that it's harder to get things done because there are so many interest groups and diverse bodies involved in decision making.