A community for the latest discussions on Ethereum research, token engineering, governance, and cryptonetworks. Decentralize everything.
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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 💪
Imagine a country with two rules: first, every person must spend eight hours a day giving themselves strong electric shocks. Second, if anyone fails to follow a rule (including this one), or speaks out against it, or fails to enforce it, all citizens must unite to kill that person. Suppose ...Read More
Not sure if the article above is the best explanation of Steemit... but going to take this opportunity to contrast it with Relevant's cryptoeconomic design. To start, Steemit has definitely pioneered the space and is the first 'curation market' not to mention one of the biggest dapps out there. Relevant economic design was inspired by that of Steemit. Here is how its different: ...Read More
He also says <<Or, take the example of REI — a consumer cooperative with revenues of $2.9B — where consumers, not just shareholders, also earn a dividend based on the purchases they make.>> — But I do not think REI has external shareholders. They do have executive workers who are ...Read More