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Vitalik Buterin discusses Credible Neutrality in the context of Incentivised Mechanisms of guiding human behavior.
"... there is a very important principle that is at play, and one that is likely to become key to the discourse of how to build efficient, pro-freedom, fair and inclusive institutions that influence and govern different spheres of our lives. And that principle is this: when building mechanisms that ...Read More
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The Common Stack team dicuss how blockchain technology can help satisfy Osrams 8 principles for managing a commons. Some examples of how their tech can help achieve this of course, but a rational discussion on how we can meet these principles when managing common public services.
"Few people have contributed as much to our knowledge of the sustainable management of the commons as Elinor Ostrom. Winning the 2009 Nobel Prize in Economics for her work, Ostrom’s 8 principles for commons stewardship have set a standard for community management of shared resources. Although applying these rules at ...Read More
Been working on this weird thing MetaGame.
"A Massive Online Coordination Game"
Think social media meets freelancing meet role playing games... ...Read More
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An Introduction to Futarchy
Ethereum Foundation •
blog.ethereum.org ↗︎
With organisations such as Aragon beginning to experiment with Futarchy I thought it would be nice to revisit this excellent blog post about it by Vitalik Buterin.
Great read about "What the Decentralized Web Can Learn from Wikipedia".
In fact a lot of the mechanism design for Relevant was inspired by Wikipedia! ...Read More
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Varios funcionarios del gobierno de EE. UU. En altos cargos, incluido el Presidente, afirmaron recientemente que la criptomoneda no es una buena forma de pagar los bienes y servicios. Si bien algunos analistas dicen que esto detuvo una carrera alcista en 2019, ¿es cierto que estas palabras realmente tienen un ...Read More
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Moving from CAD to CAG: baking data-driven complexity models into our decision-support systems will revolutionize our ability to understand the implications of policy choices in our complex social systems.
The future of DAO governance is emerging.
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"One way to think about various kinds of crypto projects is through the lens of contract theory. An axiom of this area of legal scholarship states: “all but the simplest contracts are incomplete”. That is, contractual arrangements cannot anticipate every possible outcome or set of actions, given complex and dynamic ...Read More
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Conviction Voting offers a novel decision making process that funds proposals based on the aggregated preference of community members, expressed continuously. It sidesteps sybil attacks, provides collusion resistance, and mitigates many of the attack vectors of time-boxed voting mechanisms.
"The main principles of dynamic governance are known as consent, circles, and double-linking. In contrast to consensus, where everyone must agree on a decision, consent is reached when there are no remaining paramount objections. When a policy change is proposed, any objections are discussed, and if needed the proposal is
A sociocratic organization is comprised of multiple tiered, overlapping circles. A circle is a semi-independent team of individuals responsible for governing its domain according to the entity’s principles. This is the horizontal element, where everyone in the circle is a full member with equal say. But there’s also a vertical ...Read More
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A lot of people are making a big of deal out of this article yet it says so little about the named "friendly fork".
First of all, it's not even decided if it's a state fork or a code fork which makes a whole lot of different behind the motivation of the fork. ...Read More
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"Fixing meanings to evolving new concepts, theories, ideas (like Bitcoin) takes time and experience to comprehend and assimilate — by which descriptions and names are co-opted to social scale;.."
The "donuts" experiment on the ethtrader subreddit is super interesting to look at from a governance perspective. Original post here: https://www.reddit.com/r/ethtrader/comments/9khml6/introducing_community_points_polls_an_experiment
Vitalik's take is interesting. I think the issue with this approach was the economic incentive and the community reputation were too closely tied to be a foundation for any metric/mechanism.
...Read More
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iirc, this is more or less what happened during the DAO debacle, except the Eth counterattackers weren't so quick on the draw.