#4778 - Points escrow

Identifier #4778
Issue type Feature request or suggestion
Title Points escrow
Status Completed
Tags

AutonomousOrganisation (custom)

Roadmap: v11 (custom)

Handling member PDStig
Addon points
Description As a part of support for Composr running autonomous organizations (DAOs without the blockchain), we should make it easy to sell your points to someone else. This is essentially the same thing as selling your stock in a company in order to give someone else voting rights over that company.
Currently you could gift the points in return for payment (one coming before the other), but that has an element of trust, backed by a thread of (need for) manual administrator intervention upon fraud - not what you want for an autonomous system.

So instead, allow a member to put some points into escrow, managed by the Composr site.
The points will either be:
1) transferred back to the originating member after a certain amount of time passes
2) transferred to a different named destination member once both members declare the escrow condition met (whatever this is outside the scope of the system, but usually would be some kind of payment going through)
3) marked in dispute if only one member has declared the condition met. The dispute keeps the points in limbo until someone with escrow dispute resolution privilege comes through and determines who the points should go to

It still requires manual intervention for the case 3, but it is no longer time sensitive, and the chance of that condition happening is much less than chance of random fraud during a direct transaction - because the points are held in limbo and a fraudster very likely would not win.
Steps to reproduce

Additional information We are looking at ways to get managing Composr sites closer to a DAO. However, managing everything as a true DAO with zero trust isn't close to realistic at some point, so it's simply a direction we are moving in, taking inspiration. Think having sites run far more by democratic consensus, but optionally tilted towards those who have earned bigger stakes via confirmed contributions (points) - and with the option of selling your stake.
There is still trust in those hosting the website, and those with privileges - but the idea is that there's an honor system for those people, and they will keep each other in check - while random new members need to prove themselves first.
Funded? No
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Rating

Unrated