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content/notes/blockchain-bursary.md
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@ -22,6 +22,9 @@ tags:
- [ ] https://en.wikipedia.org/wiki/Government_by_algorithm - [ ] https://en.wikipedia.org/wiki/Government_by_algorithm
- [ ] https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw - [ ] https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw
- [ ] https://101blockchains.com/permissioned-blockchain/ - [ ] https://101blockchains.com/permissioned-blockchain/
- [ ] http://eyler.freeservers.com/JeffPers/jefpco55.htm?ref=hackernoon.com
- [ ] https://medium.com/@Vlad_Zamfir/against-on-chain-governance-a4ceacd040ca
- [ ] https://medium.com/@FEhrsam/blockchain-governance-programming-our-future-c3bfe30f2d74
# Log # Log
- 14/11 - 14/11

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content/notes/governance.md
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@ -31,6 +31,6 @@ users within the chain directly vote on decisions to be made, changes are then m
some say this method is dangerous [^1] because it uses a one-vote-per-person system, and therefore is vulnerable to the [sybil-problem](notes/sybil-problem.md). To counteract this some use a one-vote-per-coin system via [proof-of-stake](proof-of-stake). However this means that people/orgs with more coin have more weight in their votes — this is at best a plutocracy some say this method is dangerous [^1] because it uses a one-vote-per-person system, and therefore is vulnerable to the [sybil-problem](notes/sybil-problem.md). To counteract this some use a one-vote-per-coin system via [proof-of-stake](proof-of-stake). However this means that people/orgs with more coin have more weight in their votes — this is at best a plutocracy
blockchains are experimental software. they are evolving rapidly. There already exists good models for governing hard technical projects: the Linux Foundation and the IETF. demoracies are not suited for fast, blockchains are experimental software. they are evolving rapidly. There already exists good models for governing hard technical projects: the Linux Foundation and the IETF. demoracies are not suited for fast, robust, change — they waste a lot of time and effort on campaigns, etc.
[^1]: https://hackernoon.com/blockchains-should-not-be-democracies-14379e0e23ad [^1]: https://hackernoon.com/blockchains-should-not-be-democracies-14379e0e23ad