(1) is a stable state, (2) is only semistable.
The 3 varieties of blockchain governance: (1) mature institutions (2) dogma of immutability + experts only decide tech issues (3) broken
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Sadly, the combination of mature institution with this novel tech may be oxymoronic...
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Several attempts might have to start or end at (3) before we get it right.
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And (1) is probably only quasistable.
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But no human institution seems to last forever anyhow.
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which is why we design decentralized systems... certainty over time. Institutions fail. Individualism prevails.
End of conversation
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What do you think of the
$Dash governance model? (2nd tier collateralized nodes voting on coinbase-funded proposals)Thanks. Twitter will use this to make your timeline better. UndoUndo
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Now’s a great time for SN to rear his/her head and help BTC w/ governance issues related to scaling. Assuming no personal risk.
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"experts only decide" is not governance, it's wishful thinking.
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there must be a (4) point
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An early bird offer
#GetGame platform provides unique#opportunity to step into#VR market as an#investor. KnowMore @@CCEDK_Thanks. Twitter will use this to make your timeline better. UndoUndo
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(4) Hard fork governance, decided by the market. Working OK for ETH/ETC (after unnecessarily messy fork mechanics).
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(2) is a fairytale. Every issue is a potentially political one.
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