Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
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Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#2This is exactly how bitcoin works.
Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions.
If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction)
I keep telling people the future of politics is markets & Blockchains.
Its hard to explain comprehensively and what's strange is that no one has written a thorough book on the topic.
I am happy there are people actually writing such material on this topic.
Albeit its a bit too technical.
Computer science is the future of politics & governance. (I don't think AI is any useful but rather distributed systems)
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#3>Egalitarian Paxos introduced an alternative, leaderless approach, that allows replicas to order commands collaboratively. This is exactly how bitcoin works. Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions. If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction) I keep telling people the future of…
That just sounds like robber barons with extra steps?
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#4>Egalitarian Paxos introduced an alternative, leaderless approach, that allows replicas to order commands collaboratively. This is exactly how bitcoin works. Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions. If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction) I keep telling people the future of…
> Every 10 minutes the network elects a leader to...
From that it sounds like it is completely different to how Bitcoin works. Bitcoin "elects" a leader node once every so often and this paper claims its protocol does not have a leader node. It is pretty easy to imagine a day passing in the Bitcoin world where one node is in control of all the transactions for that day with no ability for any other peer miner to have any influence at all in what transactions end up in the blockchain.
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#5>Egalitarian Paxos introduced an alternative, leaderless approach, that allows replicas to order commands collaboratively. This is exactly how bitcoin works. Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions. If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction) I keep telling people the future of…
“Hi everyone, I’m here to excitedly talk about the hyper-capitalist-hellscape I’d like to sell you all! Wait, why are you all leaving?”
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#6>Egalitarian Paxos introduced an alternative, leaderless approach, that allows replicas to order commands collaboratively. This is exactly how bitcoin works. Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions. If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction) I keep telling people the future of…
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#7"Making democracy work" should be about training better leaders and getting them into the system.
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#8>Egalitarian Paxos introduced an alternative, leaderless approach, that allows replicas to order commands collaboratively. This is exactly how bitcoin works. Every 10 minutes the network elects a leader to assort & order transactions and also throw out fraudulent transactions. If he fails to do this, he is not allow to claim his block reward (technically the "coinbase" transaction) I keep telling people the future of…
It's not like you are hashing based on your public key or something and then you get to sign a block afterwards. You have to commit to a block template before every hash. And also the miner is decided randomly by a weighted hashrate.
Imagine applying this to anything else. The group with the most (extremely specialized) computer power just gets to decide everything?
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#9There is a recurring trend of interpreting democracy to mean "leaderless consensus-based decision-making", which really doesn't work and never has. That's why Occupy and pretty much every other similar bottom-up movement failed: leaders are necessary. People follow other people, not algorithms or groups. "Making democracy work" should be about training better leaders and getting them into the system.
Re: Making Democracy Work: Fixing and Simplifying Egalitarian Paxos
#10Isn’t that multi-Paxos? Paxos is leaderless.
Very odd opening sentence.