What Are the Trade-Offs of Using Quadratic Voting for Proposal Funding versus Simple Majority Voting?

Quadratic voting for funding promotes a wider diversity of projects by giving a voice to smaller groups, as it makes it cheaper for many small contributors to pool resources than for one large entity to dominate. The trade-off is complexity and potential vulnerability to Sybil attacks if identity is not verified.

Simple majority voting is easier to implement but leads to a "tyranny of the majority," where funding often goes only to the most popular proposals, ignoring niche but valuable ideas.