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A community for the latest discussions on Ethereum research, token engineering, governance, and cryptonetworks. Decentralize everything.
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The Commons Stack has officially launched the #TrustedSeed: a curated community aligned with the mission to create sustainable funding for public goods. The Trusted Seed is an important cultural initialization tool for any #cryptoeconomic system, and we hope you'll apply to be a part of it! 🌱
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.
"There was no software to support the rigorous engineering of complex systems from the ground up — from the verification and validation of simple systems (subsystems/components) with explicit assumptions, up to more complex, stochastic, dynamically networked systems with emergent properties in line with specified requirements. This full range of capabilities, IMO, the launch and development of cadCAD is going to be a great step for legitimatizing token engineering as the professional discipline for the engineering of cryptoeconomic models and will be necessary for all #dao experiments. ...Read More
"Creating anything new in the world, especially something that runs against the grain, requires courageous and visionary individuals, tied to resourceful communities" I strongly believe in strong leadership and mentorship even in flat and "decentralized" organizations. I think we could use some more examples where organizations are representative yet lead very well.
"The dxDAO is an ambitious experiment, and one of the largest blockchain-based coordination endeavors to date since “The DAO.” The idea for the dxDAO initially arose from Gnosis’ design and development of a permissionless trading protocol, the DutchX, which has proved its viability as critical infrastructure providing a decentralized, on-chain -------> "Its lifelong trajectory will ultimately be decided by what community stakeholders deem to be the most legit pursuits!" ...Read More
Proof of stake is at risk of becoming centralized from the outset. We need to empower dialogue and associated action to prevent this from happening 😬 That’s what the Decentralized Staking Defenders intend to do 💪
It's seriously the year of the #dao "Second, they could eventually disrupt the $42 billion enterprise resource planning (ERP) industry, where giants like SAP (20 percent), Oracle (13.9 percent) and Microsoft (9.4 percent) reign supreme, and disintermediate other markets, including lawyers and accountants who are normally involved in a corporate setup process." ...Read More
I've observed a noticeably shift in language regarding #dao experiments - "digital cooperatives" and "continuous organizations" have been popping up more and more on my feed. @jessewldn just laid down a great thread outlining, basically, the "state of the digital cooperative". Great thread to log - could we try to bounty it into an ecosystem map or something? ...Read More
Great thread from a couple of key people working on open-source funding / continuous organizations / democratic organization. People are really starting to understand the inability of venture capital to scale beyond Silicon Valley. Can't wait to see more experiments with this. ...Read More
[THREAD] I wanted to do a general recap of the recent MakerDAO drama that went down because it was pretty crazy and imo, didn't get the attention that it needs. It all started with this article from The Block + a leaked legal letter that "set out below our clients' position with regard to recent events concerning the corporate governance of the Foundation Company, which culminated in a request by the Chief Executive Officer of the Foundation Company, Mr. Rune ...Read More
This is interesting but I’m very skeptical if this is secure enough to be used for lending... (this is what the company is considering using this mechanism for). TCRs are easy to corrupt, especially if there are extrinsic incentives to do so. But may work for soft ID verification for games and social networks? ...Read More
The governance layers of Fiat unilaterally adjust the creation and supply of an inventory of infinitely available bank credit in order to manipulate approximations of units of value and relative price signals for goods and services. This mechanism is in turn used to influence and control user cognition and behavior The objective of the current Moloch is to present this policy abstraction to network users as “money” in the form of bank credit or debt. Users are then forced to accept the bank credit system as a common standard. This is achieved by restricting user boundaries to a single combined The objective of decentralization of power is to remove this boundary and unplug Neo from the Matrix. ...Read More