It took me a long time to realize this
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What do you think about Decreds approach to decentralize the Development Fund and have token holders vote if they want to release funding for different feature suggestions? Seems like onchain governance would be the only way there?
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Agreed. And even with these simple rules, things still get complex with respect to the interaction between users running full nodes, miners, and devs. Can’t imagine how bad it can get with more complex protocols.
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Hard forks are okay if interoperability of protocols is improved down the road. Let a thousand flowers bloom. The best way to know whether on chain governance works is to try it whether it’s on btc or not.
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love to see super confident absolute statements. What about futarchy? This is a form of on-chain governance. Is it extremely misguided and naive?
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We need to get you on
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