Cicada – Decentralized Application and Direct Democracy Platform
11–20 of 34 posts
Re: Cicada – Decentralized Application and Direct Democracy Platform
#12The first thing I notice is quite remarkable, this is a cryptocurrency inspired by a science fiction novel?? It all comes full circle with Cryptocurrency first being described in Cryptonomicon. Haven't had a chance to dig through all its claims.
> Cryptocurrency first being described in Cryptonomicon Really? That's crazy! I always thought that Stephenson had heard early ideas about cryptocurrencies and incorporated them into his book. Are you saying the Neil Stephenson invented the concept of a cryptocurrency?
Re: Cicada – Decentralized Application and Direct Democracy Platform
#13Until they solve the UX problem, this is useless.
Re: Cicada – Decentralized Application and Direct Democracy Platform
#14Re: Cicada – Decentralized Application and Direct Democracy Platform
#15(This is just a scummy marketing tactic for a fiction book)
Re: Cicada – Decentralized Application and Direct Democracy Platform
#16Not sure I see how this avoids an inevitable mining arms race (if it is indeed claiming to avoid such a thing). Even if miners are randomly drafted into random pools, the more miners you create, the more income. Seems like a very game-able system.
Re: Cicada – Decentralized Application and Direct Democracy Platform
#17White paper: https://github.com/the-laughing-monkey/cicada-platform/blob/...
A search for Dan Jeffries cicada turns up some related material. Seems strange that the link to the book on the iamcicada page doesn't explicitly spell out the author's relationship to the project.
Maybe somewhere along the way, he decided to go pseudonymous? I'm sure he's an HNer, maybe he'll weigh in.
FWIW, I like most of the ideas here.
Re: Cicada – Decentralized Application and Direct Democracy Platform
#18Re: Cicada – Decentralized Application and Direct Democracy Platform
#19Not sure I see how this avoids an inevitable mining arms race (if it is indeed claiming to avoid such a thing). Even if miners are randomly drafted into random pools, the more miners you create, the more income. Seems like a very game-able system.
The paper linked on github mentions that people are limited to only run a single miner. I haven't parsed it all yet but I think they intend to use the biometrics/HUID to enforce this. Among other concerns, I'm not sure where this leaves folks with injured or missing retinas. Or what might stop people from selling vote or mining capacity by proxy.
Re: Cicada – Decentralized Application and Direct Democracy Platform
#20It sure was inspired by SciFi