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Found 4 results

  1. as some interested may already know, there is a major debate going on in the crypto-currency world. The failed smart contract dao that collected 150 millions in Ethers from users, caused 1/3 of funds to be drained out and remaining 2/3 to be blocked for a month - the deadline is in less than 3 days. Here is the countdown: https://slacknation.github.io/medium/11/11.html Some say the code has been tested only few days and that the same people are involved that were among responsible for the huge hole that DAO had in it (more, they were warned about one developer from the team that the exploit may be there, but he was ignored). There is also an ethical issue of bailing out a failed contract/company and users that invested in it. Ethereum the cryptocurrency/decentralized app network is a commercial enterprise after all, so many people have invested their funds in this enteprise and are now pushing for violating the contract that they all agreed on. It could be an interesting discussion for a philosophical debate, but is also opening some other possibilities. Maybe that's what Ethereum suppose to be, this interventionist currency, that is giving more "safety" and that opens some room for its competitors. I was trying to find any alternatives for the ethereum, that is now turning not only into socialist mess, but many programmers have serious doubts is the fork be even successful, what will the miners decide (yes the miners decide on which blockchain to mine - old one or the new one! Its all pretty crazy) Finally I found some Ethereum alternative and made a small BAILOUT video as a joke, but people liked it so I remastered it and published: https://www.youtube.com/watch?v=G6tJhaoQsYc I like that it is kinda grassroots and I know there is some "smart money" accumulating it at current 0.05$ per coin level. Of course I am not telling anyone to buy, there is rightfully much mistrust in new altcoins cryptocurrency projects, but accually the ethereum brought what I always dreamed of and bitcoin was missing - decentralized apps and selling computer-power and I missed it, because I was concentrated on other projects. Now that Ethereum is in serious trouble and looks like it may kneel in front of special interest groups (again - miners will eventually decide) I am very much interested in its free alternatives. Anyone that is interested in it or in being part of the project is invited to: ("slack") https://krypton.rocks/ I dont know if there are any other alternatives to Ethereum (if You know of any please let me know) when it comes to smart contracts, I think Krypton is the only one tradable on exchanges so far.
  2. Just the title. I first heard of DRO's from Stefan in his book Practical Anarchy. I first heard of DAO's from this article http://btcgeek.com/dawn-of-autonomous-corporations/ they called them DAC's but the DAO is more generalized and can easily include DRO's from Stefan's conception of the idea. If it weren't for my reading of Stefan and listening to this idea, I wouldn't have ever understood the power of re-creating society that is possible using the technology of Blockchains. In fact, it was almost like Stefan was predicting the creation of those decentralized organizations long before the technology truly became possible. Anyway...long story short, It was only because of Stefan that I invested in the crowdsale for Ethereum, and I only did that because I wanted a free society via DAO's. Ethereum is truly catching on, and it is quite possible that it would be central to the re-organization of society around decentralized principles, and the creation of Security DAO's using Drones isn't that far away now. Thanks Stefan, you helped bring this vision about, because I know I'm not the only one who saw the similiarities and decided to invest to help bring it about, I know at least 5 others who did the same. If you had a ethereum tipping address I would send you some.
  3. Hey, guys! Let me start with acknowledging the fact that I'm not a technical person and I don't have enough brain power to fully understand the complications of technological advancements such as Ethereum. I just have a gut feeling it's going to change the world. I would really appreciate if you took a look at it and shared some of your thoughts on the matter. Here's a great article http://www.itworldcanada.com/article/ethereum-offers-platform-for-decentralized-enterprise-applications/376337 Thank you!
  4. Hello! fellow Philosophers. EDIT: To be perfectly clear, I do not endorse Bitnation. I only mention it as an example of people working on decentralized insurance companies among other things, Decentralized insurance or DDROs are my only interest in Bitnation right now. And it is their essense that intrigues me not the means in which they may be applied, atleast at this time. There's a topic that I've wanted to bring to your attention for a while now and I'm exited to say the time has come. I'm not sure how familiar all of you are with the Bitcoin technology, but I believe it has the power to speed hack us to a free-er society in a variety of ways. For those that are not familiar with the back end of Bitcoin. Bitcoin is a long list of every transaction that has ever been made, this transactions can carry anything from information about who owns what coin, to digital files that represent things in the real world. A google maps image of your house for example can be "hashed" and turned into a unique set of digits that once added to the blockchain along side a hash of a contract signed could prove transferred ownership of the house. This ledger is distributed among computers all over the world and in multiple jurisdictions and it is updated live. For a variety of reasons that I can get into if people are skeptical, Bitcoin's technology makes fraud very very very difficult. It also allows for what have been dubbed DAO's or decentralized autonomous organizations. This simply put means that one can create a program that runs ontop of blockchain networks and can not be destroyed or ended by any one party, since there is no central point of failure. The internet would have to be shut down, to kill Bitcoin and that which is being built ontop of it. The reason I mention all this, is because there are a few projects gaining strength that may allow for what could be decentralized, jurisdiction and bureaucracy free insurance companies. And if I remember correctly, insurance companies are essentially what DROs are, according to stef's DRO theory. I'll be writing an article about this topic during the next week or so that I'll be aiming to post on Bitcoin Magazine and will be interviewing someone deeply involved in Crypto currencies and insurance. But I also wanted to get your thoughts on this subject. If we had the possibility of having insurance companies that are not subject to government power. Than can we begin to build the anarchist heaven that we have dreamt of, ontop of the internet? Here is one project in particular that claims to know how to do something like this. Though I am skeptical of many of the claims they make, bitcoin insurance seems to me very possible and within our grasp. http://www.bitnation.co/ I can elaborate more or anything if you wish. I have not looked into DRO theory in a while though, so this is part of the research for the article. My question is. If we can create insurance companies ontop of the internet, with their headquarters being a website distributed throughout the world, and with its core members being anonymous. And if we can find ways to have users of insurance prove to these organization when damage to insure property has happened, than do DRO's come to life? How is government able to control and diminish the power of insurance today and why are DROs not currently alive? What would be the limitations of such a system, given that peaceful parenting has not yet become mainstream? Thank you. I look forward to your thoughts. (PS: trying to find the right forum for this post has resulted in my posting it in 2 different sub forums here, sorry for spam)
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