>Give them full citizenship rights equal to Israel's citizens, make sure they have a proper minority representation
As the Palestinians are the majority, the Jewish Israelis would become a minority in terms of citizens and votes. This is very much akin to Apartheid South Africa, where a minority ethnic group rules over the rest of the population.
The White minority in South Africa were around 15% of the population, while Jews and Palestinians in Israel & Palestine seem to be much more around a 50%-50% split.
Yes, and I should have clarified that the Palestinian majority is a lot slimmer than was the case in South Africa.
Although there remains the case of 700,000 Palestinian refugees who (in the hypothetical scenario of a unified state) would tilt the balance further if allowed to return to their/their parents homes or given property as compensation for repossessed homes.
As the Palestinians are the majority, the Jewish Israelis would become a minority in terms of citizens and votes. This is very much akin to Apartheid South Africa, where a minority ethnic group rules over the rest of the population.