Post
Topic
Board Altcoin Discussion
Re: Why would anyone buy this DAO crap?
by
eca.sh
on 20/05/2016, 07:29:49 UTC
Who decides how and which issues are organized and presented to the voters; and is that influence effectively centralized control?

The algorithm does. Any token holder can submit a proposal and open proposals are displayed in descending order by the amount of deposit paid.

To release the agreed bounty, a quorum of neophyte investors will vote to on whether the pull request submitted by the contracted programmer meets the requirements of the specification we originally approved by a prior vote? We will not depend on any experts to advise us? This will magically all coordinate itself in a decentralized manner without any de facto leaders emerging?

Whomever designed the DAO doesn't comprehend the how and why politics doesn't work.

“An elephant: A mouse built to government specifications.” — Lazarus Long

“A Snail: Monero built with decentralized donations.” — SOMAcoin

You asked one question, and I answered it. Now you are asking another question, which unfortunately can not be answered in an objective manner because the answer lies not in code but in speculation about future events.

You did not answer my question. You've written that there is a decentralized protocol for slotting presumably funding decisions on a decentralized ballot. Thank you for that information.

Your answer does not explain “who decides how ... issues are organized”. I clarified that such a decentralized ballot process can't organize issues, because the crowd is by definition an abrogation of the inexorable march towards increasing maximum-division-of-labor. That is just factoring in the divergence of lack of focused expertise in a decentralized ballot process. Add to that the knowledge from history from which follows the insight that politics diverges towards the most inefficient process possible.

Contrast a DAO with a DVCS open source project in which peered experts collaborate in a decentralized process; which is the only known convergent positive scaling rule for software development structure. DVCS open source development is a viable decentralized process. Voting is not, because it requires a centralized management structure.

You asked one question, and I answered it. Now you are asking another question, which unfortunately can not be answered in an objective manner because the answer lies not in code but in speculation about future events.

Huh ? What is wrong with you man. You can't foretell the future ?

The solid as granite understanding that politics divergences from optimum outcomes does not require any crystal ball.

“Those who do not learn history are doomed to repeat it.” — George Santayana