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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


Zug’s Voting Commissioner Calls Election a success despite low turnout.

The Swiss city of Zug’s first local blockchain-based municipal vote has been successfully completed, the Swiss News Agency reported yesterday, July 2. Zug, also known as Crypto Valley, announced plans to trial a blockchain voting system using the city’s digital ID (eID) system, launched in November 2017, that allows citizens to vote on their mobile дальше »

2018-7-3 18:11


Ethereum [ETH] for voting, safe or not? Buterin’s perspective

Ethereum’s co-founder, Vitalik Buterin has advised Swiss City government to test blockchain petitions before digital voting. The Swiss city of Zug, which is known to be proactive in its support to the blockchain industry, recently announced that it would be launching a voting pilot which will base on both polling system and residents’ IDs on […] дальше »

2018-6-15 00:44


Ethereum [ETH] based app to digitize Swiss’ city while they plan to test blockchain-based voting

Zug, a city in Switzerland opened up to the blockchain world as they are to conduct their entire voting system using the Blockchain technology. The entire city’s residents will use their eID system to vote using their smartphones during the trial to be held this month. Zug will allow residents to take part in a […] дальше »

2018-6-12 08:15


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