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Is Blockchain Technology Going to Disrupt Our Political System: We Hope So

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Re: Is Blockchain Technology Going to Disrupt Our Political System: We Hope So

#141

Post by andreareina »

marcosdumay wrote: post #12

As usual, I have little idea what the author means by "blockchain". If he means a bitcoin-like blockchain based on proof of work, it is completely overkill, as there is no problem in forking and merging vote logs if everything is authenticated and public enough. But anyway, it completely ignores the elephant in the room. Get an electronic voting system that is both anonymous, verifiable, and free of voting coercion,…

There's work being done along that line[1]

[1] https://www.youtube.com/watch?v=ZDnShu5V99s (long)

Re: Is Blockchain Technology Going to Disrupt Our Political System: We Hope So

#142

Post by drcode »

brilliantcode wrote: post #128
drcode wrote: post #115

Earlier quoted context omitted.

1. People being able to manage their own universal identity instead of using "Sign in with Facebook" 2. Transparent financial markets on arbitrary derivates (like etherdelta.com) 3. Eventually, people authoring and managing their own content, instead of acting as free labor to generate advertising revenue for Twitter/Facebook/etc

1. https://milagro.apache.org/ 2. SEC & IRS will be a roadblock there, eventually. 3. I don't see why blockchain is necessary for that. I fail to see why ethereum would be the only & best solution here for those cases. I just don't see anything special about it, at best its an unscalable and insecure medium given what we've seen in the past with DAO (now starting another one!) and subsequent editing of blockchain led…

Milagro is basically a poorly thought out copy of a federated blockchain system. I can't take it seriously as a technology, sorry.

Re: Is Blockchain Technology Going to Disrupt Our Political System: We Hope So

#143

Post by CyberDildonics »

wpietri wrote: post #136
CyberDildonics wrote: post #34

Earlier quoted context omitted.

I don't see how this is remotely relevant. For starters, there is evidence that shared distributed ledgers actually exist.

Ok. I accept you don't see it. Since I posted it, I obviously do see relevancy. Is there some way I can help you?

You don't realize you are conflating the idea that 'people with a hammer see everything as a nail' with 'belief in a power despite evidence of existence will solve all problems?

Re: Is Blockchain Technology Going to Disrupt Our Political System: We Hope So

#144

Post by spacehacker »

Crespyl wrote: post #120
visarga wrote: post #96

Earlier quoted context omitted.

So redistribution of money is necessary to prevent the accumulation of power. Blockchain is trying to do the same thing essentially - not allowing a single actor to operate more than 50% of the computing power. When power concentrates too much, the system breaks down.

And we already can seen bitcoin mining pools in China that collectively approach or exceed 50%. It's almost impossible to avoid concentration of power in any system that provides value to power-holders.

Indeed, the most powerful agents do not have any correction signals to fear from above. They can rather impose rules on the system themselves. One can only avoid such dynamics by empathy (which is a very weak guarantee) or by making the government being controlled by the people and stronger than the most powerful players (which is democracy).
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