Ripple’s David Schwartz claims aim behind informal governance is not to avoid forks

2019-8-11 23:30

Decentralization means every peer on the network has a say in the decision-making process, but the reality of various crypto-blockchain is far from it. Different blockchain networks have their own way of implementing blockchain governance.

While some use on-chain democratic voting, many others prefer private decision making. Each of these governance methods has its trade-off […]

The post Ripple’s David Schwartz claims aim behind informal governance is not to avoid forks appeared first on AMBCrypto.

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governance blockchain avoid ripple forks schwartz behind

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The controversies of blockchain governance and rough consensus

Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. The governance of blockchains is one of the most fascinating, contentious, and difficult topics to master, but it’s one we must try to understand as the network’s ability to adapt, and the extent to which it may be able to do so, will be crucial for its future.

2019-1-25 15:57


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Blockchain Land Registry has partner up with Overstock Subsidiary

Zambia has signed a Memorandum of Understanding (MoU) with the blockchain land registry subsidiary of American retail giant Overstock, the company revealed in a press release July 31. Under the agreement, Overstock’s Medici Land Governance (MLG) will work with the Zambian government on overhauling land ownership, allowing rural landowners to legitimize their estates and gain

2018-8-1 20:28


Gemstra ICO

Gemstra is building a blockchain-integrated ecosystem (ASTRA Platform) and token economy (GMS Token) to unlock social selling to the entire retail market. ASTRA is a smart contract platform. It leverages blockchain technology to put data back in the hands of sellers and enable retailers (called "Merchants" in the Gemstra ecosystem) and brands from the $24 trillion global retail economy to join social selling.

2018-7-24 22:18


Covee Network ICO

Covee is building a global, borderless and collaborative future of work where smart contract replace middlemen like corporations and team governance is self-organized and decentralized. Using the blockchain technology and advanced mechanism design, the platform insures fair reward distribution and establishes a trusted environment for remote collaboration.

2018-7-24 15:57


Ôîòî:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


One Game ICO

One Game is a decentralized virtual world built on top of blockchain technology. One Game has no predefined gameplays, game design, or objectives, and is an open gaming and creation platform owned by creators and players, allowing creators of varying skills to create their own reality in this world.

2018-7-21 13:21


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Promoted: The Future of Online Shopping Is Powered by Spl.yt — A Decentralized E-Commerce Protocol

As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Spl. yt, a smart contract protocol, aims improve the e-commerce system for buyers and sellers by automating functions currently performed by “middlemen” marketplaces like Amazon, eBay and Alibaba.

2018-7-16 19:45


A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders.

The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. Nobody Else Has Either Governance: Easy to Define, Hard to Achieve There wasn’t much thought given to on-chain governance when bitcoin was created; Satoshi was too busy reinventing the wheel on several other fronts. Dash first popularized the concept of

2018-7-16 10:34


Proposal In Spanish Parliament To Introduce Blockchain To Improve Governance

In the wake of today’s news that a major political party in Spain has submitted a blockchain-related proposal to the Spanish Parliament. The proposal recommends that the government introduce blockchain to improve governance “with the aim of improving internal processes and [providing] traceability, robustness and transparency in decision making”.

2018-7-6 14:34


EOS Governance Divides Crypto Community

The hotly-contested nature of EOS decentralization and governance remains at the forefront of blockchain community discussion. The recent inaction of an EOS block producer — resulting in the loss of 3,570 EOS, or about $27,500 — brought the EOS governance model under harsh scrutiny over the past week, as industry experts and observers debate whether […] The post EOS Governance Divides Crypto Community appeared first on CryptoSlate.

2018-6-29 06:40


Democracy’s Downside adn How it Afects Blockchain Governance

This is a system for deciding on changes to public blockchain protocols using formalized governance mechanisms encoded in the blockchain, rather than informal discussions offline. They can exit – leave the relationship – or they can use their “voice” to try to improve the relationship through communication. Employees can choose to quit their unpleasant job

2018-6-22 13:24


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XRP volume soars 120% on XRPL meme token KCUP surge

Ripple’s XRP displays recovery signals after significant declines, down 7% lower on the weekly chart. According to Coinmarketcap, the token’s trading volume exploded by 122% to $5. 45 billion within the past 24 hours.

Will XRP price surge in 2025 if the SEC approves Ripple ETF?

XRP price continues to slowly form a bullish pennant chart pattern as expectations of the Securities and Exchange Commission approving a Ripple ETF rise.  Ripple (XRP) price was trading at $2.2 after falling 25% from its highest point this year,…

Why meme coins are fading this cycle: A tale of Bitcoin and the others

Meme coins ranked among the most popular crypto narratives of 2024, creating a divide between crypto tokens. Bitcoin stands out among top crypto tokens with 125% year-to-date gains and the meme coin category, or the “other tokens” hit a key milestone, crossing a market capitalization of $100 billion. 

Coinbase, Ripple bosses see massive wealth surge post Trump’s victory: report

The recent US elections have delivered significant financial windfalls for leaders in the crypto space, with some seeing their fortunes soar by billions. A report by CoinDesk reveals that key players such as Coinbase’s Brian Armstrong and Ripple’s Brad Garlinghouse have experienced massive gains following Trump’s victory.