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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. дальше »
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. дальше »
2018-7-21 23:03 | |
EOS Produces Its First Block But Votes Not So Decentralized
Having passed the 15 percent threshold needed for a quorum to be constituted, the EOS network is now up and running as all normal functions are supposedly activated. Concentration of Voting Power In an official announcement, the team said that the network has successfully produced its first block. дальше »
2018-6-15 18:00 | |
Vote Threshold Is Met: EOS Can Finally Launch Its Platform
According to data from EOS Authority, EOS has finally acquired the minimum votes required for its network to go live. After EOS failed to launch its platform on its projected launch date of June 2, a live-stream vote was called, where users voted “Go” to launch the blockchain network. дальше »
2018-6-15 03:10 | |
Good to “GO” votes are in, EOS mainnet updates goes live
On June 9th, the launch of the EOS blockchain has validated their goals towards reaching more than $4 billion to help develop their open-source software over a year-long ICO. Candidates in the role of validators and “block producers” from all across the world have successfully established their power by voting “GO” to the mainnet live. […] дальше »
2018-6-11 13:23 | |
On Radical Markets
Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect. дальше »
2018-7-21 04:03 | |