Certified Blockchain Solution Architect (CBSA)

What is the primary risk of plutocratic governance in a token-weighted voting system?

Proposals take too long to pass due to high quorum requirements Large token holders can dominate decisions, potentially acting against smaller stakeholders' interests Smart contract bugs can corrupt vote tallies Token holders cannot delegate votes to representatives

Correct Answer:

Large token holders can dominate decisions, potentially acting against smaller stakeholders' interests

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