by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Anyone can propose a bill at any time. All proposals are reviewed equally, without bias. Proposals that improve the general welfare (according to the prediction market’s evaluation of the publicly known metric for the general welfare) will be adopted. The mechanism by...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
While we have considered DAO’s as a base for a stable democracy, it is apparent that they can serve as a base for any computation. Further, given the persistence of a successful DAO (the DAO for Bitcoin has persisted since January 3rd, 2009), it seems inevitable that...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
A problem that might occur with prediction markets and governmental policies might be described as the End of the World problem. Suppose we are evaluating a policy that is very good, but has the small problem that is has a 20% probability of causing the end of the...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
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by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Most democracies have an Executive Officer, such as the President of the United States, typically elected either directly or indirectly by the people. In a DAO Democracy, assuming we retain the Executive Branch in more or less its current form, the simplest approach...
