QUESTION: how do new users pay the fees to broadcast new decisions?

[akernest]

[nathanielhourt]

They've gotta come up with some VOTE or some BTS somehow...

[5chdn]

But isn't that introducing unecessary entry barriers? I'm also researching on this topic currently. https://twitter.com/votesapp/status/698081300461264896

Isn't there a way the election-creator could finance the transaction fees somehow?

[nathanielhourt]

It is introducing a pretty stiff barrier to entry, which I hate, but I haven't come up with a solution yet. We'd like to let the election creator finance the transaction fees, and when we do implement ID verification, we'll be able to do that.

Right now the problem is that in order to sponsor transaction fees, we need to make sure that one voter can't use a sybil attack to drain the sponsorship fund. We need some kind of proof of uniqueness on the voters who are eligible for sponsorship. The current solution is to require them to have a certain amount of stake in the voting coin (a natural barrier to entry) to justify sponsoring them, but even then the sponsorship can't be done at the time of voting because they could then move the stake to another account and vote again. Instead, we have to process all of the sponsorships at the same time to ensure the same stake doesn't get sponsored twice.

Does that make sense? I'm assuming a fair amount of context in that explanation, so it might not make sense yet. :]

[5chdn]

It totally does make sense. I'm stuck with my research at the exact same point trying to eleminate the entry barrier. Bitshares might consider models like dynamic fractional reserve to remove the need of fees but this wont remove the entry barrier as you still need some stake. Ethereum discussed something like preloaded smart contracts paying for it's on calculations costs which would be a nice solution, but it's not being implemented soon on protocol level, which means it's no viable solution in the near future.

[nathanielhourt]

What do you mean by dynamic fractional reserve?

[5chdn]

From Bytemaster's blog: "How to build a Decentralized Application without Fees"

http://bytemaster.github.io/article/2016/02/10/How-to-build-a-decentralized-application-without-fees/