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Tiberius Brastaviceanu

Democrasoft Town Hall Online - 1 views

www.collaborizeclassroom.com/townhallonline

town town hall hall online goverannce community tool infrastructure

shared by Tiberius Brastaviceanu on 04 Jun 12 - No Cached
  • Tiberius Brastaviceanu on 04 Jun 12
     
    Town Hall meetings are designed to give voice to everyone within a community. Town Hall Online allows any and all members of the community to ask questions, voice their opinions and vote on issues of mutual concern. Discussion topics are self-contained engagement modules that can include attachments like documents, videos, links and more. They provide a written record of the conversation and include the ability for community members to vote and be counted on individual issues. Town Hall Online topics are organized by categories created by community members and/or moderators, which can be modified anytime, as needed. Best of all, with one click, any individual discussion topic can be shared to Facebook, LinkedIn or any of more than 200 social networks, so sharing the discussion with others outside your immediate community is quick, easy and effective. It's the ultimate in building consensus and getting the word out.
Kurt Laitner

The basic orientation of p2p theory towards societal reform: transforming civil society... - 1 views

blog.p2pfoundation.net/...12

Michel Bauwens p2p economy civil society partner state paper

shared by Kurt Laitner on 22 Jul 14 - No Cached
  • under the ‘leadership’ of corporations and those members of our society who have access to capital.
  • Despite all democratic advances, the state forms have clearly been captured by private interests.
  • continuous interchange and dialogue of citizens as they determine their collective life
  • ...22 more annotations...
  • everything that needs to be made, has to be designed through collaborative innovation in the first place
  • in a capitalist system, ‘civil society’ is not directly productive of the goods and services that we need to survive, live and thrive
  • Both civil society and the notion of citizenship can be criticized for being insufficiently inclusionary, and therefore as ‘mechanisms of exclusion’.
  • democratically governed by all participants and stakeholders in such commons
    • Kurt Laitner
      Kurt Laitner on 22 Jul 14
       
      hmm
  • infrastructures of collaboration, which are managed by a new type of ‘for-benefit associations’
  • consisting of shared depositories of knowledge, code and design; the communities of contributors and users of such commons
  • which are not derived or secondary from either the private or state forms.
  • civil society is the locus of the shared abundance of value creation, and the place for the continual dialogue regarding the necessities of common life.
  • democratically decide
    • Kurt Laitner
      Kurt Laitner on 22 Jul 14
       
      ? our values need be expressed in every action within the matrix, not just when a 'vote' is held, in fact general democratic 'voting' should probably disappear
  • the ‘common good’ of society as a whole
    • Kurt Laitner
      Kurt Laitner on 22 Jul 14
       
      there is no such thing
  • The difference is that the commons where the immaterial value is created are positioned in a field of abundance characteristic for non-rival or anti-rival goods; while the for-benefit associations are responsible for the sometimes contentious allocation of rival infrastructures.
    • Kurt Laitner
      Kurt Laitner on 22 Jul 14
       
      !!!
  • Whereas the commons themselves are plurarchies based on permissionless contribution, forking and other rights guaranteeing the diversity of contributions and contributors; the for-benefit associations are democratically governed.
  • true reform of the private sector and the corporate form.
    • Kurt Laitner
      Kurt Laitner on 22 Jul 14
       
      really?
  • Under conditions of peer production, design and innovation moves to commons-based communitiies, which lack the incentive for unsustainable design; products are inherently design for sustainability, and the production process itself is designed for openness and distribution.
  • Under conditions of the rule of capital, for-profit corporations are beholden to work for the interests of the shareholders. This format allows for the accumulation of capital, but also indirectly of political power, through the power of money to influence politics and politicians. For-profit corporations are part of a system of infinite growth and compound interest, must continuously compete with other corporations, and therefore, also minimize costs. For-profit corporations are designed to ignore negative environmental externalities by avoiding to pay the costs associated with them; and to ignore positive social externalities, also by avoiding to pay for them. In terms of sustainability, corporations practice planned obsolescence as a rule, because while the market is a scarcity allocation mechanism, capitalism itself is a scarcity maintenance and creation mechanism. Anti-sustainable practices are systemic and part of the DNA of the for-profit corporation.
  • designed to make the commoners and the commons themselves sustainable, by not ‘leaking’ surplus value to external shareholders
  • mission-oriented, community supportive, sustainability-oriented corporate forms, that operate in the marketplace but do not themselves reproduce capitalism.
  • surplus value stays within the commons, allows its autonomous social reproduction, and sustains the commoners
  • ethical mechanism that subsumes profit making under the social goal of strengthening the commons.
  • because commons and their communities are themselves specific, and do not automatically take into account the common good of society as a whole .
  • A Partner State functions center around enabling and empowering social production and abandons some of the paternalistic aspects of the welfare state by focusing on strengthening the possibilities of autonomy.
  • mobilization of social forces to obtain a new social contract
  • Kurt Laitner on 22 Jul 14
     
    Good synopsis of the big picture by Michel
Tiberius Brastaviceanu

How The Blockchain Will Transform Everything From Banking To Government To Our Identities - 1 views

www.forbes.com/...o-government-to-our-identities

blockchainaccess_project paper

shared by Tiberius Brastaviceanu on 03 Jun 16 - No Cached
  • The first generation of the Internet was a great tool for communicating, collaborating and connecting online, but it was not ideal for business. When you send and share information on the Internet, you’re not sending an original but a copy. That’s good for information — it means people have a printing press for information and that information becomes democratized — but if you want to send an asset, it’s a problem. If I send you $100 online, you need to be sure you have it and I don’t, and that I can’t spend the same $100 somewhere else. As a result, we need intermediaries to perform critical roles — to establish identity between two parties in a transaction, and to do all the settlement transaction logic, which includes record-keeping.
  • With blockchain, for the first time, we have a new digital medium for value where anyone can access anything of value — stocks, bonds, money, digital property, titles, deeds — and even things like identity and votes can be moved, stored and managed securely and privately. Trust is not established though a third party but with clever code and mass consensus using a network. That’s got huge implications for intermediaries and businesses and society at large
  • And also with government, as a central repository of information an entity that delivers services.
  • ...35 more annotations...
  • There’s an opportunity to disrupt how those organizations work. Intermediaries, though they do a good job, have a few problems — they’re centralized, which makes them vulnerable to attack or failure
  • They tax the system
  • They capture data
  • They exclude billions of people from the global economy
  • internet of value
  • With blockchain, we can go from redistributing wealth to distributing value and opportunity value fairly a priori, from cradle to grave.
  • creating a true sharing economy by replacing service aggregators like Uber with distributed applications on the blockchain
  • unleashing a new age of entrepreneurship
  • build accountable governments through transparency, smart contracts and revitalized models of democracy.
  • The virtual you is owned by large intermediaries
  • This virtual you knows more about you than you do sometimes
  • So there’s a strange phenomenon from the first generation of the Internet where the most important asset class that’s been created is data —and we don’t control it or own it.
  • individuals taking back their identity through your own personal avatar
  • The financial services industry
  • antiquated
  • a complicated machine that does a simple thing
  • settlement
  • an opportunity to profoundly change the nature of the entire industry. The Starbucks transaction should be instant.
  • At the heart of it, the financial services industry moves value.
  • so this is both an existential threat to the financial services industry and an historic opportunity.
  • Banks trade on trust
  • Within the decade, every single financial asset, which is really just a contract
  • will all move to a blockchain-based format
  • In the accounting world, a lot of firms rely on costly audits to drive their profits
  • With blockchain, you could have a third entry time-stamped in a distributed ledger that could be acceptable to any relevant stakeholders from regulators to shareholders, giving you a perfect record of the truth and thus the financial health of an organization.
  • Nobel-winning economist Ronald Coase argued that firms exist because transaction costs in an open market are greater than the cost of doing things inside the boundaries of the corporation.
  • four costs — of search, coordination, contracting and establishing trust
  • Blockchains will profoundly affect all of these.
  • you can now synthesize trust on an open platform and people who’ve never met can trust each other to do certain things. So this results in a whole number of new business models
  • It turns out the Internet of Everything needs a Ledger of Everything, because a lightbulb buying power from your neighbor’s solar panel definitely won’t use banks or the Visa network
  • Right now, governments take tax revenue from corporations, individuals, licenses and so on. All of that can change. We can first of all have transparency in a radical sense because sunlight is the best disinfectant. Secondly, we can open up governments in a different sense of sharing data.
  • governments can enable self-organization to occur in society where companies, civil society organizations, NGOs, academics, foundations, and government agencies and individual citizens ought to use this data to self-organize and create what we used to call services or forms of public value. The third one has to do with the relationship between citizens and their governments.
  • There are more opportunities to create government by the people for the people
  • Electronic voting won’t be delivered by traditional server technology because it won’t be trusted by citizens
Kurt Laitner

Smart contracts · FellowTraveler/Open-Transactions Wiki · GitHub - 0 views

github.com/...Smart-contracts

smart contract github implementation *nickszabo

shared by Kurt Laitner on 21 Mar 13 - No Cached
  • Once voting groups are someday eventually added to OT, they will also be able to act as parties to agreements, and they will be able to take a vote in order to change their own bylaws!
    • Kurt Laitner
      Kurt Laitner on 21 Mar 13
       
      ah governance
  • Scripted clauses can also be configured to trigger on certain events.
  • Smart contracts are most distinguished by the fact that they can have scriptable clauses
  • ...7 more annotations...
  • The script code is unable to manipulate any assets excepting those explicitly declared beforehand on the smart contract,
  • Not only can the smart contract move_funds() between these declared accounts, as its script logic dictates, but it can also stash_funds() directly inside the contract itself!
  • A smart contract can be activated, after which point it takes on a “life of its own”
  • You can also define variables in your smart contract, which persist through its entire lifetime. As the smart contract—including its internal state—continues to process over time, receipts will continue to drop into the relevant parties’ inboxes,
  • A signed copy of the original smart contract shows it as it was, when the parties first signed and activated it. Additionally, a server-signed, updated version of the contract comes with each receipt, showing the latest state
  • Once the contract expires (or is deactivated) then a finalReceipt is dropped into all relevant inboxes, after which no other receipts are possible for that smart contract.
  • Let’s say a party needs to DIRECTLY trigger one of the clauses on the contract. (Instead of waiting around for it to trigger automatically based on some rule.) For example, perhaps an escrow user wishes to execute a clause in order to DISPUTE THE OUTCOME, or perhaps an arbitrator wishes to activate a clause in order to RENDER A JUDGMENT. OT’s smart contracts can do precisely these sorts of things, limited only by your imagination (and my pre-alpha code.)
Tiberius Brastaviceanu

Votorola - 1 views

zelea.com/...home.xht

decision making tool tools

shared by Tiberius Brastaviceanu on 04 Jun 12 - Cached
  • Tiberius Brastaviceanu on 04 Jun 12
     
    Votorola is social software in support of non-party primary elections and public rule making. We develop the tools to enable a radically free democracy based on unrestricted voting, drafting and discussion. Our alpha prototypes cover everything from voter registration in electoral districts to consensus making, and we lead the field in design, theory and inventions.
Tiberius Brastaviceanu

PeerPoint « Poor Richard's Almanack 2010 - 1 views

almanac2010.wordpress.com/...peerpoint

p2p peer-to-peer infrastructure network

shared by Tiberius Brastaviceanu on 29 May 12 - No Cached
  • Each PeerPoint is an autonomous node on a p2p network with no centralized corporate  infrastructure.
  • The PeerPoint will be connected between the user’s pc, home network, or mobile device and the ISP connection.
  • The PeerPoint is designed to Occupy the Internet.
  • ...7 more annotations...
  • provide greater user value
  • For numerous reasons the services provided by the commercial companies do not adequately meet the creative, social, political, and financial needs of the 99%
  • allows self-selected individuals to coalesce into powerful workgroups, forums, and movements.
  • With the PeerPoint approach, each user will own her own inexpensive internet appliance and all the data and content she creates
  • If a FreedomBox were used as a starting platform, the PeerPoint application package would be added on top of the FreedomBox security stack.
  • The common requirements for each PeerPoint app are: world class, best-of-breed open source p2p architecture consistent, granular, user-customizable security management and identity protection integrated with other apps in the suite via a common distributed database and/or “data bus” architecture. consistent, user-customizable large, medium, and small-screen (mobile device) user interfaces ability to interface with its corresponding major-market-share service (Facebook, Twitter, etc.) GPS enabled
  • First tier applications: distributed database social networking  (comparison of distributed social network applications) trust/reputation metrics crowdsourcing: content collaboration & management  (wiki, Google Docs, or better) project management/workflow data visualization (data sets, projects, networks, etc.) user-customizable complementary currency and barter exchange (Community Forge or better) crowd funding (http://www.quora.com/Is-there-an-open-source-crowdfunding-platform) voting (LiquidFeedback or better) universal search across all PeerPoint data/content and world wide web content
Kurt Laitner

Crowding Out - P2P Foundation - 1 views

p2pfoundation.net/Crowding_Out

crowding out p2p Michel Bauwens financial reward incentive

shared by Kurt Laitner on 17 Jul 15 - No Cached
  • The curve indicates that while workers will initially chose to work more when paid more per hour, there is a point after which rational workers will choose to work less
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      in other words, people are financially motivated until they are financially secure, then other motivations come in
  • "leaders" elsewhere will come and become your low-paid employees
  • At that point, the leaders are no longer leaders of a community, and they turn out to be suckers after all, working for pittance, comparatively speaking
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      so part of the dynamic is that everyone is paid fairly, if not there is the feeling of exploitation
  • ...36 more annotations...
  • under certain structural conditions non-price-based production is extraordinarily robust
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      which are... abundance?
  • It just is not so easy to assume that because people behave productively in one framework (the social process of peer production that is Wikipedia, free and open source software, or Digg), that you can take the same exact behavior, with the same exact set of people, and harness them to your goals by attaching a price to what previously they were doing in a social process.
  • giving rewards to customers can actually undermine a company’s relationship with them
  • There is, in fact, a massive amount of research that supports the idea that when you pay people to do something for you, they stop enjoying it, and distrust their own motivations. The mysterious something that goes away, and that “Factor X” even has a name: intrinsic motivation.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      the real question though is why, and whether it is the paying them that is the problem, or perhaps how that is determined, and who else gets what on what basis..  if you have to have them question the fairness of the situation, they will likely check out
  • Extrinsic rewards suggest that there is actually an instrumental relationship at work, that you do the activity in order to get something else
  • If you pay me for it, it must be work
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      only because a dichotomy of work and play exists in western culture
  • It’s what we would call a robust effect. It shows up in many contexts. And there’s been considerable testing to try to find out exactly why it works. A major school of thought is that there is an “Overjustification Effect.” (http://kozinets.net/archives/133)
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      yes, why is key
  • interesting examples of an effect called crowding
  • Offering financial rewards for contributions to online communities basically means mixing external and intrinsic motivation.
  • A good example is children who are paid by their parents for mowing the family lawn. Once they expect to receive money for that task, they are only willing to do it again if they indeed receive monetary compensation. The induced unwillingness to do anything for free may also extend to other household chores.
  • Once ‘gold-stars’ were introduced as a symbolic reward for a certain amount of time spent practicing the instrument, the girl lost all interest in trying new, difficult pieces. Instead of aiming at improving her skills, her goal shifted towards spending time playing well-learned, easy pieces in order to receive the award (Deci with Flaste 1995)
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      this is a more troubling example, as playing the harder pieces is also practicing - I would take this as a more complex mechanism at work - perhaps the reinterpretation by the girl that all playing was considered equal, due to the pricing mechanism, in which case the proximal solution would be to pay more for more complex pieces, or for levels of achievement - the question remains of why the extrinsic reward was introduced in the first place (unwillingness to practice as much as her parents wanted?) - which would indicate intrinsic motivation was insufficient in this case
  • Suddenly, she managed to follow the prescription, as her own (intrinsic) motivation was recognized and thereby reinforced.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      or perhaps the key was to help her fit the medication into her day, which she was having trouble with...
  • The introduction of a monetary fine transforms the relationship between parents and teachers from a non-monetary into a monetary one
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      absolutely, in some sense the guilt of being late is replaced by a rationalization that you are paying them - it is still a rationalization, and parents in this case need to be reminded that staff have lives too to reinforce the moral suasion
  • "The effects of external interventions on intrinsic motivation have been attributed to two psychological processes: (a) Impaired self-determination. When individuals perceive an external intervention to reduce their self-determination, they substitute intrinsic motivation by extrinsic control. Following Rotter (1966), the locus of control shifts from the inside to the outside of the person affected. Individuals who are forced to behave in a specific way by outside intervention, feel overjustified if they maintained their intrinsic motivation. (b) Impaired self-esteem. When an intervention from outside carries the notion that the actor's motivation is not acknowledged, his or her intrinsic motivation is effectively rejected. The person affected feels that his or her involvement and competence is not appreciated which debases its value. An intrinsically motivated person is taken away the chance to display his or her own interest and involvement in an activity when someone else offers a reward, or commands, to undertake it. As a result of impaired self-esteem, individuals reduce effort.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      these are finally very useful - so from (a) as long as self determination is maintained (actively) extrinsic reward should not shut down intrinsic motivation AND (b) so long as motivations are recognized and reward dimensions OTHER THAN financial continue to operate, extrinsic reward should not affect intrinsic motivation
  • External interventions crowd-out intrinsic motivation if the individuals affected perceive them to be controlling
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      emphasis on "if" and replacing that with "in so far as"
  • External interventions crowd-in intrinsic motivation if the individuals concerned perceive it as supportive
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      interesting footnote
  • In that case, self-esteem is fostered, and individuals feel that they are given more freedom to act, thus enlarging self-determination
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      so effectively a system needs to ensure it is acting on all dimensions of reward, or at least those most important to the particular participant, ego (pride, recognition, guilt reduction, feeling needed, being helpful, etc), money (sustenance, beyond which it is less potent), meaning/purpose etc.  If one ran experiments controlling for financial self sufficiency, then providing appreciation and recognition as well as the introduced financial reward, they might yield different results
  • cultural categories that oppose marketplace modes of behavior (or “market logics”) with the more family-like modes of behavior of caring and sharing that we observe in close-knit communities (”community logics”)
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      are these learned or intrinsic?
  • this is labor, this is work, just do it.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      except that this cultural meme is already a bias, not a fact
  • When communal logics are in effect, all sorts of norms of reciprocity, sacrifice, and gift-giving come into play: this is cool, this is right, this is fun
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      true, and part of our challenge then is to remove this dichotomy
  • So think about paying a kid to clean up their room, paying parishioners to go to church, paying people in a neighborhood to attend a town hall meeting, paying people to come out and vote. All these examples seem a little strange or forced. Why? Because they mix and match the communal with the market-oriented.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      and perhaps the problem is simply the conversion to money, rather than simply tracking these activities themselves (went to church 50 times this year!, helped 50 orphans get families!) (the latter being more recognition than reward
  • Payment as disincentive. In his interesting book Freakonomics, economist Steven Levitt describes some counterintuitive facts about payment. One of the most interesting is that charging people who do the wrong thing often causes them to do it more, and paying people to do the right thing causes them to do it less.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      and tracking them causes them to conform to cultural expectations
  • You direct people _away_ from any noble purpose you have, and instead towards grubbing for dollars
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      and we are left with the challenge, how to work to purpose but still have our scarce goods needs sufficiently provided for?  it has to be for love AND money
  • When people work for a noble purpose, they are told that their work is highly valued. When people work for $0.75/hour, they are told that their work is very low-valued
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      so pay them highly for highly valued labour, and don't forget to recognize them as well... no?
  • you're going to have to fight your way through labour laws and tax issues all the way to bankruptcy
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      this is a non argument, these are just interacting but separate problems, use ether or bitcoin, change legislation, what have you
  • Market economics. If you have open content, I can copy your content to another wiki, not pay people, and still make money. So by paying contributors, you're pricing yourself out of the market.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      exactly, so use commonsource, they can use it all they want, but they have to flow through benefit (provide attribution, recognition, and any financial reward must be split fairly)
  • You don't have to pay people to do what they want to do anyways. The labour cost for leisure activities is $0. And nobody is going to work on a wiki doing things they don't want to do.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      wow, exploitative in the extreme - no one can afford to do work for free, it cuts into paid work, family time etc.  if they are passionate about something they will do it for free if they cannot get permission to do it for sustenance, but they still need to sustain themselves, and they are making opportunity cost sacrifices, and if you are in turn making money off of this you are an asshole.. go ahead look in the mirror and say "I am an asshole"
  • No fair system. There's simply no fair, automated and auditable way to divvy up the money
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      this is an utter cop out - figure out what is close enough to fair and iterate forward to improve it, wow
  • too complicated to do automatically. But if you have a subjective system -- have a human being evaluate contributions to an article and portion out payments -- it will be subject to constant challenges, endless debates, and a lot of community frustration.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      yes to the human evaluation part, but "it's too complicated" is disingenuous at the least
  • Gaming the system. People are really smart. If there's money to be made, they'll figure out how to game your payment system to get more money than they actually deserve
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      yes indeed, so get your metrics right, and be prepared to adjust them as they are gamed - and ultimately, as financial penalties are to BP, even if some people game the system, can we better the gaming of the capitalist system.. it's a low bar I know
  • They'll be trying to get as much money out of you as possible, and you'll be trying to give as little as you can to them
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      it doesn't have to be this way, unless you think that way already
  • If you can't convince people that working on your project is worth their unpaid time, then there's probably something wrong with your project.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      wow, talk about entrepreneurial taker attitude rationalization
  • People are going to be able to sense that -- it's going to look like a cover-up, something sleazy
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      and getting paid for others free work isn't sleazy, somehow...?
  • Donate.
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      better yet, give yourself a reasonable salary, and give the rest away
  • Thank-you gifts
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      cynical.. here have a shiny bobble you idiot
  • Pay bounties
    • Kurt Laitner
      Kurt Laitner on 17 Jul 15
       
      good way to get people to compete ineffectively instead of cooperating on a solution, the lottery mechanism is evil
  • Kurt Laitner on 17 Jul 15
     
    while good issue are brought up in this article, the solutions offered are myopic and the explanations of the observed effects not satisfying
Kurt Laitner

Owning Together Is the New Sharing by Nathan Schneider - YES! Magazine - 0 views

www.yesmagazine.org/...ng-together-is-the-new-sharing

ouishare sensorica loomio enspiral cobudget ethereum sovolve swarm ownership sharing paper

shared by Kurt Laitner on 05 Jan 15 - No Cached
  • VC-backed sharing economy companies like Airbnb and Uber have caused trouble for legacy industries, but gone is the illusion that they are doing it with actual sharing
  • Their main contribution to society has been facilitating new kinds of transactions
  • The notion that sharing would do away with the need for owning has been one of the mantras of sharing economy promoters. We could share cars, houses, and labor, trusting in the platforms to provide. But it’s becoming clear that ownership matters as much as ever.
  • ...30 more annotations...
  • Whoever owns the platforms that help us share decides who accumulates wealth from them, and how
  • Léonard and his collaborators are part of a widespread effort to make new kinds of ownership the new norm. There are cooperatives, networks of freelancers, cryptocurrencies, and countless hacks in between. Plans are being made for a driver-owned Lyft, a cooperative version of eBay, and Amazon Mechanical Turk workers are scheming to build a crowdsourcing platform they can run themselves. Each idea has its prospects and shortcomings, but together they aspire toward an economy, and an Internet, that is more fully ours.
  • Jeremy Rifkin, a futurist to CEOs and governments, contends that the Internet-of-things and 3-D printers are ushering in a “ zero marginal cost society“ in which the “collaborative commons” will be more competitive than extractive corporations
  • once the VC-backed sharing companies clear away regulatory hurdles, local co-ops will be poised to swoop in and spread the wealth
  • People are recognizing that doing business differently will require changing who gets to own what.
  • “We’re moving into a new economic age,” says Marjorie Kelly, who spent two decades at the helm of Business Ethics magazine and now advises social entrepreneurs. “It needs to be sustainable. It needs to be inclusive. And the foundation of what defines an economic age is its form of ownership.”
  • It’s a worker-owned cooperative that produces open-source software to help people practice consensus—though they prefer the term “collaboration”—about decisions that affect their lives.
  • From the start Loomio was part of Enspiral, an “open value network“ of freelancers and social enterprises devoted to mutual support and the common good.
  • a companion tool, CoBudget, to help them allocate resources together
  • The team members recently had to come to terms with the fact that, for the time being, only some of them could be paid for full-time work They called the process “participatory downsizing.”
  • And they can take many forms. Loomio and other tech companies, for instance, are aspiring toward the model of a multi-stakeholder cooperative—one in which not just workers or consumers are voting members, but several such groups at once.
  • Loconomics is a San Francisco-based startup designed, like TaskRabbit, to manage short-term freelance jobs
  • “People who have been without for a long time,” she says, “often operate with a mindset that they can’t share what they have, because they don’t know when that resource will come along again.”
  • As Loconomics prepares to begin operations this winter, it’s running out of the pocket of the founder, Josh Danielson
  • The ambition of a cooperative Facebook or Uber—competitive, widespread, and owned by its community—still seems out of reach for enterprises not willing to sell large parts of themselves to investors. Organizations like 
  • His fellow OuiShare founder Benjamin Tincq is concerned that too much fixation on a particular model will make it hard for well-meaning ventures to be successful. “I like the idea that we don’t need to have a specific legal status,” he says. “It’s more about hacking an existing legal status and making these hacks work.”
  • Fenton’s new undertaking, Sovolve, proposes to “create innovative solutions to accelerate social change,” much as CouchSurfing did, but it’s doing the innovating cautiously. All work is done by worker-owners located around the world. Sovolve uses an internal platform—soon to become a product in its own right—through which contributors decide how much they want to be paid in cash and how much in equity. They can see how much others are earning. Their virtual workplace is gamified, with everyone working to nudge their first product, WonderApp, into virality
  • Loomio’s members use a similar system, which they call Loomio Points. But Sovolve is no cooperative; contributors are not in charge.
  • Open-source software and share-alike licenses have revived the ancient idea of the commons for an Internet age. But the “ commons-based peer production“ that Sensorica seeks to practice doesn’t arise overnight. Just as today’s business culture rests on generations of accumulated law, habit, and training, learning to manage a commons successfully takes time
  • It makes possible decentralized autonomous organizations, or DAOs, which exist entirely on a shared network
  • The most ambitious successor to Bitcoin, Ethereum, has raised more than $15 million in crowdfunding on the promise of creating such a network.
  • all with technology that makes collective ownership a lot easier than a conventional legal structure
  • A project called Eris is developing a collective decision-making tool designed to govern DAOs on Ethereum, though the platform may still be months from release.
  • For now, the burden of reinventing every wheel at once makes it hard for companies like Sensorica and Loomio to compete
  • For instance, Cutting Edge Capital specializes in helping companies raise money through a long-standing mechanism called the direct public investment, or DPO, which allows for small, non-accredited investors.
  • Venture funding may be in competition with Dietz’s cryptoequity vision, but it provides a fearsome head start
  • Co-ops help ensure that the people who contribute to and depend on an enterprise keep control and keep profits, so they’re a possible remedy for worsening economic inequality
  • Sooner or later, transforming a system of gross inequality and concentrated wealth will require more than isolated experiments at the fringes—it will require capturing that wealth and redirecting its flows
  • A less consensual strategy was employed to fund the Catalan Integral Cooperative in Spain; over the course of a few years, one activist borrowed around $600,000 from Spanish banks without paying any of it back.
  • In Jackson, Mississippi, Chokwe Lumumba was elected mayor in 2013 on a platform of fostering worker-owned cooperatives, although much of the momentum was lost when Lumumba died just a few months later.
Kurt Laitner

Ethereum whitepaper - 0 views

www.ethereum.org/ethereum.html

paper Ethereum

shared by Kurt Laitner on 11 Feb 14 - No Cached
  • The general concept of a "decentralized autonomous organization" is that of a virtual entity that has a certain set of members or shareholders which, perhaps with a 67% majority, have the right to spend the entity's funds and modify its code. The members would collectively decide on how the organization should allocate its funds. Methods for allocating a DAO's funds could range from bounties, salaries to even more exotic mechanisms such as an internal currency to reward work. This essentially replicates the legal trappings of a traditional company or nonprofit but using only cryptographic blockchain technology for enforcement. So far much of the talk around DAOs has been around the "capitalist" model of a "decentralized autonomous corporation" (DAC) with dividend-receiving shareholders and tradable shared; an alternative, perhaps described as a "decentralized autonomous community", would have all members have an equal share in the decision making and require 67% of existing members to agree to add or remove a member. The requirement that one person can only have one membership would then need to be enforced collectively by the group.
    • Kurt Laitner
      Kurt Laitner on 11 Feb 14
       
      key application for OVNs
  • Note that the design relies on the randomness of addresses and hashes for data integrity; the contract will likely get corrupted in some fashion after about 2^128 uses
  • This implements the "egalitarian" DAO model where members have equal shares. One can easily extend it to a shareholder model by also storing how many shares each owner holds and providing a simple way to transfer shares.
    • Kurt Laitner
      Kurt Laitner on 11 Feb 14
       
      interesting...
  • ...5 more annotations...
  • DAOs and DACs have already been the topic of a large amount of interest among cryptocurrency users as a future form of economic organization, and we are very excited about the potential that DAOs can offer. In the long term, the Ethereum fund itself intends to transition into being a fully self-sustaining DAO.
  • In Bitcoin, there are no mandatory transaction fees.
  • In Ethereum, because of its Turing-completeness, a purely voluntary fee system would be catastrophic. Instead, Ethereum will have a system of mandatory fees, including a transaction fee and six fees for contract computations.
  • The coefficients will be revised as more hard data on the relative computational cost of each operation becomes available. The hardest part will be setting the value of
  • There are currently two main solutions that we are considering: Make x inversely proportional to the square root of the difficulty, so x = floor(10^21 / floor(difficulty ^ 0.5)). This automatically adjusts fees down as the value of ether goes up, and adjusts fees down as computers get more powerful due to Moore's Law. Use proof of stake voting to determine the fees. In theory, stakeholders do not benefit directly from fees going up or down, so their incentives would be to make the decision that would maximize the value of the network.
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