Goodbye, Denver Post. Hello, Blockchain • Hacker News Board

Re: Goodbye, Denver Post. Hello, Blockchain

#11

Post by pishpash » Sun, Jun 17, 2018, 5:25 PM UTC

prolikewhoa wrote: post #9

iagnionio wrote: post #2

This is the only application I've seen for a blockchain that isn't totally brain-dead. I'm certainly skeptical, but skepticism is better than certainty it will fail. I'll be watching it with interest.

Even after reading the previous comments in this thread? I'm really not seeing any benefit, just a shifting of company shares and maybe the benefit of all transactions publicly available on the blockchain, but some anonymity would make that seemingly useless.

Unrelated side benefits include content archival and anti-censorship. I don't think they had those in mind though.

Re: Goodbye, Denver Post. Hello, Blockchain

#12

Post by [deleted] » Sun, Jun 17, 2018, 5:31 PM UTC

danso wrote: post #6

JumpCrisscross wrote: post #4

> People who purchase the CVL token, a form of cryptocurrency, will have a say concerning the projects hosted by Civil — meaning that they can vote on whether one of its websites violates the company’s journalism standards, which are outlined in the Civil Constitution This features the worst elements of public ( e.g. the BBC ), private ( e.g. the Wall Street Journal ) and patronage ( e.g. the Washington Post ) media.…

If the votes and results are made public, though, they at least reveal the instances in which stories/projects have been explicitly downvoted/killed. Even without knowing who voted for yes/no, that's still insight to what might be covered up.

[deleted]

Re: Goodbye, Denver Post. Hello, Blockchain

#13

Post by pmorici » Sun, Jun 17, 2018, 5:34 PM UTC

znpy wrote: post #3

Now I am no expert on blockchain and business administration but... Since these CVL tokens could be tradeable, and they grant "a say concerning the projects hosted by Civil"... Uhm... Doesn't this all look like, basically, company shares? Doesn't this mean that the problem has just been shifted but potentially not solved ?

I haven't looked at the details of this in particular but on the surface it Sounds more like a so called "governance" token not an ownership token. To avoid running afoul of securities laws that is the way many new coins have been structuring themselves.

Re: Goodbye, Denver Post. Hello, Blockchain

#14

Post by paulie_a » Sun, Jun 17, 2018, 5:36 PM UTC

Hahaha, oh wait you are serious, let me laugh harder.

Re: Goodbye, Denver Post. Hello, Blockchain

#15

Post by wycs » Sun, Jun 17, 2018, 5:38 PM UTC

fru2013 wrote: post #10

iagnionio wrote: post #2

This is the only application I've seen for a blockchain that isn't totally brain-dead. I'm certainly skeptical, but skepticism is better than certainty it will fail. I'll be watching it with interest.

While not completely brain-dead, a blockchain still is not necessary to solve this use case.

I think it is fair to say it is completely brain dead.

Re: Goodbye, Denver Post. Hello, Blockchain

#16

Post by mistrial9 » Sun, Jun 17, 2018, 5:53 PM UTC

There are many good studies from more than ten years ago, about participatory voting systems. I think many of the knee-jerk cynical posts here are premature.

Re: Goodbye, Denver Post. Hello, Blockchain

#17

Post by diievevsvck » Sun, Jun 17, 2018, 5:56 PM UTC

Steemit has been running for some time to demonstrate that a blockchain based publishing platform is possible. I suspect many more papers will launch private blockchain based storage, it provides transparent voting and censorship resistance, both valuable to a publisher.

Re: Goodbye, Denver Post. Hello, Blockchain

#18

Post by paulgb » Sun, Jun 17, 2018, 6:06 PM UTC

mistrial9 wrote: post #16

There are many good studies from more than ten years ago, about participatory voting systems. I think many of the knee-jerk cynical posts here are premature.

I'm curious about these studies, do you have a link?

Re: Goodbye, Denver Post. Hello, Blockchain

#19

Post by avip » Sun, Jun 17, 2018, 6:10 PM UTC

iagnionio wrote: post #2

This is the only application I've seen for a blockchain that isn't totally brain-dead. I'm certainly skeptical, but skepticism is better than certainty it will fail. I'll be watching it with interest.

How about people purchasing and breeding virtual kittens?

Re: Goodbye, Denver Post. Hello, Blockchain

#20

Post by aitrean » Sun, Jun 17, 2018, 6:10 PM UTC

danso wrote: post #7

znpy wrote: post #3

Now I am no expert on blockchain and business administration but... Since these CVL tokens could be tradeable, and they grant "a say concerning the projects hosted by Civil"... Uhm... Doesn't this all look like, basically, company shares? Doesn't this mean that the problem has just been shifted but potentially not solved ?

Stockholders, especially retail investors, don't typically have privileged access or ability to give input to a newsroom.

And they shouldn't. News should not be determined by its shareholders. The idea that such privileges should be able to be purchased is so incomprehensibly stupid, I'm at a loss for words.