Part 7/11:
Shapiro then explores Tau, a project centered on utilizing Decentralized Autonomous Organizations (DAOs) to modify political and social governance structures.
What are DAOs?
DAOs leverage blockchain technology to establish transparent, token-driven organizations where ownership, voting, and control are publicly recorded. This approach can apply to various institutions—from businesses to governments—aiming for decentralized decision-making.
Tau’s Ambitions
Tau envisions a DAO-based system for distributed inference and governance. Key features include:
Incentive mechanisms: Using cryptocurrencies to motivate participation.
Consensus over voting: Emphasizing deliberation and negotiation rather than binary votes, akin to scientific peer review.