Game Theory and Governance of Scalable Blockchains for use in Digital Network States
Chapter 1 - Pre-word
What follows is the basis of what we hope will become a book and set a standard in the industry for what true decentralisation is. No premines, ICO's, companies, CEO's or early Venture Capital. Just community backed freedom for all participants.
Over the coming weeks we will publish a series of video blogs for you to tear apart, where we discuss systematically, in order of necessity, what the essential ingredients are to decentralisation. We go deep, discussing at length the game theory of what happens during attacks, attack vectors, the principles to follow, a vision for the future, the best tech stack required, reputation, governance, censorship resistance, tokenomics, immutable communities, DAO's and new funding models, future implications of the technology and finally, we provide some examples of this technology applied, in use in the real world.
We ask for the input of the community to correct us where we are wrong, debate us in the comments where it adds value and help us write this book. In this way, we can evolve a truly open source, free, community driven, work that passes on sacred knowledge of how to decentralise a community properly, what is required to achieve it and what the implications for the future are.
If any community has the knowledge and ability to do this, its us, here, now.
There is a certain way to achieve true decentralisation. The knowledge, we believe, holds the key to freedom and ultimately an improved path to spirituality on earth. A world free from the influence of today's centralised, corrupt power brokers who at this point, clearly are not going to support truly decentralised systems
This knowledge must therefore be documented, contested and cast into stone on the best text based storage blockchain of them all, Hive.
The community on Hive is amongst the most principled, and demonstrably battle hardened in the decentralised movement. By virtue of this, we can reflect on our experiences of war, revolution, successful defense against attack and evolution over the last 8 years in an attempt to document what a truly decentrlaised community needs in place in order to stand the best chance of succeeding, remaining decentralised and even thriving.
We are not the best writers, and have kindly received interest from the likes of @trostparadox who, with his standing in academia at Oklahoma State University may be able to help us transform parts or all of this book into an academic work, and from @taskmaster4450 who has offered to help turn parts of these videos into a well written text. We have also had kind offers of help from @mightpossibly to use his AI skills to turn much of what we are saying in the videos into comprehensible text.
Thanks to @thedeltron for helping with the filming of the latter part of the videos, to somewhat improve the quality for the listener / viewer.
We are always looking for others to contribute to transforming the following set of video discussions into a well written text document.
The following 24 chapters (you are currently reading chapter 1) have been filmed over the course of over 14 months. A tremendous amount of thought, experience and planning has gone into the order and structure of what is being said. We ask that you listen to what we are saying and give your thoughts constructively, maybe you can help us evolve too!
It is long past time to document and spread this knowledge so that others can use the same model to decentralise properly and give themselves the best chance of achieving it possible.
Difficulties in arriving at true decentralisation. Arriving at the theory was a freak event that is incredibly difficult to arrive at theorising logically forwards, but possible for us to arrive at by using the system by mistake and then, at a later date realising that it has all of the correct theory built in by default without even the builder reaslising they had built it in
Hive has intangible re-putation as well as on-chain reputation via tangible digital recordables. This is unique to decentralised systems, where you have a digital reputation and an intangible human to human readable, non numeric reputation that adds a subjective value to the account of a user. It is important to note that this is on top of the intangible reputation that you have in normal reality with your friends.
Building reputation
Reputation based trust
Reputation based account value + escrow
Reputation based delegation for voting
9. Why Free Open Source Software (FOSS) is Needed for Security - View Chapter