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alixkun🟣🎩🍡 pfp
alixkun🟣🎩🍡
@alixkun
Hot take: Couldn't we have decentralized ethics councils vouching for projects in permissionless ecosystems like blockchains? Scams in the blockchain space are subject to something akin to Brandolini's law, aka the "bullshit asymmetry principle". 1 scam creates an amount of harm that cannot be outweighed even with 10 virtuous projects. Moving forward, we need to hold ourselves accountable as an industry and have a way to vouch for each others, vouch for projects building with core moral principles at heart: fairness, decentralization, transparency. Who's building this?
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bloke
@cloaked-bloke
Yes Reputation systems are inevitable. We see it with books movies tv shows, yet at the same time, we don’t see it with companies… or people It’s hard to differentiate anything on the internet, when the only source of truth is by reading the website itself. Especially with fragmentation we see across dozens of companies doing very similar, yet different specialty… or trying to do everything at once. I think—for mainstream adoption, the next step is making individuals feel involved and valued from the getgo. Looking to build systems where trust is built over time. For example, smart contracts: Instead or letting servers run trust, we could let it run through each other. if I say i’m going to do X, people can vote on-chain whether I followed through with that by running the same code themselves. Once threshold verify Y intended result, the contract is submitted. That way, code loopholes are avoided as well. for ex, we all would want to vote to undo the 400kETH smart contract exploit.
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