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A mesh network project that runs on DAI plan on bringing more affordable Internet access to a small part of Africa. "Usman will set up a fiber connection to his building and place antennas on the roof. These antennas broadcast the internet to nearby homes and businesses. He’ll make about 10 cents for every GB used. Usman works at the airport and sells cars, and he’s excited about the extra income ...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 💪
After meeting folks from #connext and #celernetwork this weekend at #ETHNY I dove deep into State Channels. Started with this #whitepaper. Anybody else have other reading recommendations? ...Read More
My personal research statement: thoughts on attribution networks, non-equilibrium economics and computational social science in the era of decentralized computation.
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
"Pop stars are better understood as monarchic CEO’s of content production studios atop a feudal, trickle up, creative economy. They have adapted to the online ecosystem far faster than the critical systems that might have one day raised objection to them. For many, the only thing to do now is (crypto stuff at the end) ...Read More