Web3 Summit Governance Panel with Vlad Zamfir, Gavin Wood, Arthur Breitman & Adrian Brink
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- čas přidán 26. 10. 2018
- Web3 Summit convened Ethereum Foundation researcher Vlad Zamfir, Polkadot, Parity, and Ethereum Co-Founder Gavin Wood, Tezos Founder Arthur Breitman, and Web3 Foundation's Adrian Brink to discuss governance, both on-chain and off-chain.
In particular listening to Gavin's comments, it reinforces my current understanding that Decred has the very best balance in technical governance, hard and soft signalling, and the varying stakeholder interests when it comes to cryptocurrency governance. I always question and independently investigate these topics. Polkadot's exploration into governance mechanisms fascinates me, and thus far I've found it very similarly aligned in philosophy and intended implementation to what Decred has already built and is building upon.
"The price of freedom is constant vigilance"
- Gavin Wood
Maybe you forgot something important:
"The price of freedom is constant vigilance over ... our Government"
- Eleanor Roosevelt
Can't hear u guys
gawin vood is the one.
Nobody ever talks about Decred
Except for people in the comments
Hedera Hashgraph is starting with a Governing Council of 39 member orgs decentralized across industry, geography, politics, and time (arguably the most decentralized of all existing public networks). This off-graph solution will address the existing blockchain uncertainties that stop enterprises from committing to high-risk projects, for example multi-million dollar Dapp projects.
The plan is for the Council to release the stake to the market consistently over time, to establish a stable network. At a certain point, the token value is expected to be high enough to make it unfeasible for a bad actor to acquire the 1/3 required for attack.
Long-term though, I hope that they move toward some type of on-network automated solution, such as Dfinity's Blockchain Nervous System (BNS) - a liquid democracy.
Hashgraph is a rushed project and a cash grab, not to mention one of the most dumb ideas in terms of governance by putting corporations to govern the network. Like it wasn't enough they have huge power and monopoly over individuals, yeah, give them the keys to the kingdom. This is the result of bad architecture, or atleast thel ack of solutions to the real problem of having truly decentralised networks. Otherwise is just a pseudo decentralised system, or to put it simply less centralised by splitting the keys to 39 organisations. It's incredible how distorted the image of satoshi has become and many incompetents started launching half baked projects just to make an ico in 2017.