'They call it "Liquid Democracy" and it involves members making suggestions online which then get bounced around through chat rooms, which they call Pirate Pads, before emerging from cyberspace into the real world as policy.'
Liquid Feedback is a server software (implementing LD for an organization) that allows proxy representation. If I think person X can vote for me on topic Y, I can say so by using LF. And I can change my mind from one minute to another not only every 4 years. Here is a longer explanation: