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DCR Governance

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17 Jul 2018
@bridge:decred.org@bridge:decred.org[slack/bee] Previous article introduced interesting terms "funding governance" to differentiate from "network governance"13:42:22
@bridge:decred.org@bridge:decred.org[slack/Haon] You mean this one? ```https://medium.com/@misunsilviacho/decentralized-blockchain-network-governance-is-the-biggest-challenge-9b6c613dd591```13:43:45
@bridge:decred.org@bridge:decred.org[slack/bee] Yes, I think "funding governance" is a useful term that captures how treasury is built and how spending decisions are made in just two words, although at the cost of using "governance" which is gaining more ambiguity recently13:47:16
@bridge:decred.org@bridge:decred.org[slack/Richard-Red] yeah I agree that it is important to differentiate protocol decisions from funding decisions, not wild about "funding governance" as a term though14:55:57
@bridge:decred.org@bridge:decred.org[slack/Richard-Red] That medium article is in many ways better to the Cardano treasury paper it explains15:00:51
@bridge:decred.org@bridge:decred.org[slack/Richard-Red] lighter on technical details, but does a better job of explaining what the issues to be resolved are15:01:36
@bridge:decred.org@bridge:decred.org[slack/Haon] https://twitter.com/NoahPierau/status/101932154012144844820:43:36
@bridge:decred.org@bridge:decred.org[slack/solar] I haven't read the article but I was thinking that the use of the word plutocracy to describe owners managing their property is a misuse of the word21:54:52
@bridge:decred.org@bridge:decred.org[slack/jy-p] it's too projective and reductive22:01:43
@bridge:decred.org@bridge:decred.org[slack/jy-p] coin-voting and its variations are more nuanced than a term from nation state governance used out-of-context22:02:16
@bridge:decred.org@bridge:decred.org[slack/solar] I'm saying it's just not what that word means. It's like using literally when you mean figuratively.22:10:14
@bridge:decred.org@bridge:decred.org[slack/Haon] @solar read the article. It explains that line of reasoning. For that you'd have to prove that blockchains are not public 22:10:28
@bridge:decred.org@bridge:decred.org[slack/solar] Plutocracy implies wealthy having a disproportionate share of influence, extending over things they *dont* own like public resources22:11:17
@bridge:decred.org@bridge:decred.org[slack/solar] Publically traded companies are public, but no one calls them pkutocracies22:11:33
@bridge:decred.org@bridge:decred.org[slack/solar] Publically traded companies are public, but no one calls them plutocracies (edited)22:11:41
@bridge:decred.org@bridge:decred.org[slack/Haon] For one to disagree with the points made above against ‘plutocratic’ blockchain governance, there are several options:22:13:04
@bridge:decred.org@bridge:decred.org[slack/Haon] Argue that on-chain governance is not, in fact, plutocratic22:13:21
@bridge:decred.org@bridge:decred.org[slack/Haon] Argue that blockchains (all or some) are not public goods22:13:34
@bridge:decred.org@bridge:decred.org[slack/Haon] Argue that off-chain voting is just as susceptible to attacks22:13:47
@bridge:decred.org@bridge:decred.org[slack/Haon] All those arguments are examined22:14:26
@bridge:decred.org@bridge:decred.org[slack/Haon] It really is a nice write-up22:14:34
@bridge:decred.org@bridge:decred.org[slack/Haon] Decred gets serious attention too 22:14:45
18 Jul 2018
@bridge:decred.org@bridge:decred.org[slack/Richard-Red] that article is one of the best I've read about blockchain governance00:24:44
@bridge:decred.org@bridge:decred.org[slack/davecgh] I don't 100% agree with everything in it, but I do agree with you that it at least brings some nuance into the discussion and tries to show some pros and cons versus making specious and monumental claims with no evidence whatsoever that pretty much every other article on governance I've read to date do.03:54:08
@bridge:decred.org@bridge:decred.org[slack/Richard-Red] yeah I don't 100% agree with everything in it either, but it is much more thought-provoking and balanced than the others07:31:25
20 Jul 2018
@bridge:decred.org@bridge:decred.org[slack/Haon] https://www.coindesk.com/ethereum-client-parity-drops-wallet-tech-in-major-upgrade/07:53:31
@bridge:decred.org@bridge:decred.org[slack/Haon] This is not directly related to governance, but it's an interesting move from Ethereum07:53:58
@bridge:decred.org@bridge:decred.org[slack/Haon] Having only CLI software may filter out the "get rich quick end users" while the dedicated contributors remain 07:55:02
@bridge:decred.org@bridge:decred.org[slack/Haon] I'm not advocating to drop the GUI, but it makes sense to keep certain things CLI. For example solo voting or maybe even ticket splitting07:56:12
@bridge:decred.org@bridge:decred.org[slack/hypernoob] Parity is not “official” right?08:08:50

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