You are viewing a single comment's thread from:

RE: How to create a meaningful Blockchain Constitution

in #eos7 years ago

Don't dive too deeply into philosophy and theory. Most important question is: Does it work in the real world? We can only know that after we have tested the hypothesis. Before that this kind of constitution for a blockchain is just a guess.

We need to know at least: Are people willing to use this kind of system? Most humans are highly irrational and have lots of contradictonary opinions. They don't give much value to logical rules. If you ask them, they might say "yes, this sounds great" but when you create the blockchain, they have zero interest in actually using it.

Instead of thinking this from the viewpoint of a state, a better alternative might be just think of an ordinary organization. Ok, not ordinary since we are trying to create something totally new here, but basically it's just a bunch of people cooperating, with some of the business logic automated with a blockchain. It's a DAO, right?

What's the purpose of the DAO? Why does it exist? What it is trying to achieve?

When we have a clear vision for the future – where we are going – we can understand better what kind of rules we need. But we don't know it until we try – let's remember that this is totally new kind of system that nobody has tried before. So we must be ready to change the constitution because it's highly unlikely that the first draft will be perfect. Unknown problems will arise and those need to be solved. Little by little we can adjust the constitution until we have rules that guarantee smooth cooperation and minimize conflicts.

That's why I wouldn't create too complex system in the beginning. It's more efficient to create first a simple system and then add new features based on demand – what people seem to be wanting to use most. The advantage is that we can observe how new features and their rules are actually used when we add them one by one. If there are lots of different features in the beginning, it's much harder to understand how they play together.

If you want to choose the dispute resolution system that you describe here, you need to find first a niche market that needs that kind of system. I'm quite skeptical if there is much demand right now. If there is no need, it's inefficient to prioritize "dispute resolution feature" for the new blockchain.