You are viewing a single comment's thread from:

RE: Moving beyond coin voting governance - My Thoughts

in #hive3 years ago

KYC was not mentioned directly; I was just pointed out that could never be used for base layer security. Proof of personhood was mentioned, which tries to achieve a way to tie an identity to an account without need to release photo ID. But those are 2 sep issues that cause 2 entirely separate problems. KYC has the issue of 100% doxxed validators which isn't possible unless you centralize the network. Proof of personhood is not good for base layer because just by being human does not mean you should have a vote in governance; this is because, without skin in the game, the person can sell their vote for pennies profitably.

Sort:  

Thanks for clarifying that :) I certainly hope that the system becomes perfect eventually, if there is such a thing. But until then, we protect our home as best we can. Thanks so much for putting a massive amount of time and energy into keeping Hive safe, Sir.

!PIZZA and !ALIVE

@theycallmedan! I sent you a slice of $PIZZA on behalf of @wrestlingdesires.

Did you know you can now buy Rising Star packs with $PIZZA? (1/10)

You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.