vault backup: 2022-11-14 14:59:57

content/notes/blockchain-bursary.md

@@ -15,6 +15,7 @@ tags:
 - [decentralized-autonomous-organization](notes/decentralized-autonomous-organization.md)
 - [DeFi](notes/DeFi.md)
 - [dApps](notes/dApps.md)
+- [sybil-problem](notes/sybil-problem.md)
 
 # Reading
 - [ ] https://en.wikipedia.org/wiki/Cyberocracy

content/notes/decentralized-autonomous-organization.md

@@ -20,7 +20,10 @@ A DeFi protocol with $1B+ of assets governed on-chain by 10,000+ token holders i
 E.g., [The DAO](https://en.wikipedia.org/wiki/The_DAO_(organization))
 
 # Social DAOs
-
+e.g.,
+- seed club
+- FWB
+- kramos
 
 # My opinions
 sounds like extreme democracy basically

content/notes/governance.md

@@ -26,3 +26,11 @@ Four central parties
 - Token holders
 - Blockchain team
 
+## On chain governance
+users within the chain directly vote on decisions to be made, changes are then made automatically depending on the outcome - this all happens intra-protocol 
+
+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, 
+
+[^1]: https://hackernoon.com/blockchains-should-not-be-democracies-14379e0e23ad

content/notes/sybil-problem.md

@@ -0,0 +1,10 @@
+---
+title: "sybil-problem"
+aliases: 
+tags: 
+
+---
+[wikipedia article](https://en.wikipedia.org/wiki/Sybil_attack)
+
+The Sybil attack in computer security (especially in blockchain systems) is an attack wherein a reputation systems is subverted by creating multiple identities.
+