Uniswap’s First Governance Vote Ends in Ironic Failure

2020-10-20 14:00

The vote had been intended to decide whether or not to reduce the thresholds required to make and pass proposals on the DeFi protocol.

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vote make required thresholds reduce defi protocol

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Ôîòî:

Extra Votes for Andrew Yang for Following CZ Binance

Democratic POTUS hopeful Andrew Yang may have an uphill battle ahead. But as Binance’s Changpeng Zhao (CZ) pointed out, that doesn’t make him any less of a ‘hustler. ’ Andrew Yang Gets the Bitcoiner Vote While it’s unlikely that outsider Andrew Yang will win the race for POTUS next year, his pro-stance on Bitcoin and blockchain definitely wins the crypto community’s vote.

2019-10-4 16:00


In-person meatspace protocol to prove unconditional possession of a private key

Recommended pre-reading: https://ethresear. ch/t/minimal-anti-collusion-infrastructure/5413 Alice slowly walks down the old, dusty stairs of the building into the basement. She thinks wistfully of the old days, when quadratic-voting in the World Collective Market was a much simpler process of linking her public key to a twitter account and opening up metamask to start firing off votes.

2019-10-2 04:03


On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

2019-4-5 04:03


[Newsflash] Tezos (XTZ) Successfully Completes its First ‘Blockchain Vote’ Regarding Two Upgrades

According to all new report released yesterday, the Tezos team has formally completed its first round of voting for its “two competing system-wide upgrade proposals”. The proposals have been dubbed ‘Athens A’, ‘Athens B’ and both of them have been designed to help Tezos’ native operational framework undergo certain amendment procedures that will make the […]

2019-3-21 18:37


A CBC Casper Tutorial

In order to help more people understand “the other Casper” (Vlad Zamfir’s CBC Casper), and specifically the instantiation that works best for blockchain protocols, I thought that I would write an explainer on it myself, from a less abstract and more “close to concrete usage” point of view.

2018-12-6 04:03


Ôîòî:

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.

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.

2018-7-21 23:03


Ôîòî:

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.

2018-7-21 04:03