Cryptocurrencies that have governance.

GrandMasterDash

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I didn't think through the specifics. But it just seems to me, a simple and automated tax could eliminate so much unnecessary work and give zero excuse for "tax evasion".
 
Apr 24, 2017
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Italy
pietrosperoni.it
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I didn't think through the specifics. But it just seems to me, a simple and automated tax could eliminate so much unnecessary work and give zero excuse for "tax evasion".
first of all no one would use a currency with a tax included. People even use currencies with fixed cap to make sure their money does not get watered down. Then you have a problem to decide what the tax should be (who decides? the masternodes or the government?) and where the tax goes to (US government? I am resident in Italy why would I pay the US gov? Or maybe we should all pay the Italian government?). Then there are transactions that do not need to be taxed. All the transactions within my own wallets, for example.
 

demo

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Apr 23, 2016
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I didn't think through the specifics. But it just seems to me, a simple and automated tax could eliminate so much unnecessary work and give zero excuse for "tax evasion".
My pov is somehow different.
I am not a proponent of taxation, but I am not also against it. It depends on the conditions.

let the tax functionality be inside the coin's code , and let the community to ignite it upon will and upon vote.

This is what I mean by "governed coin". The community must decide the conditions and the chunks of code that are allowed to run, and also decide wich chunks of code are the prohibited code. And of course everything must be bounded together in a logical tree.
 
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demo

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first of all no one would use a currency with a tax included. People even use currencies with fixed cap to make sure their money does not get watered down. Then you have a problem to decide what the tax should be (who decides? the masternodes or the government?) and where the tax goes to (US government? I am resident in Italy why would I pay the US gov? Or maybe we should all pay the Italian government?). Then there are transactions that do not need to be taxed. All the transactions within my own wallets, for example.
I dont think @GrandMasterDash means that the tax should go to the US government. I believe his speech is a "meta"-speech. Whatever he said, are just properties of the code that he believes the governed coin of the future should have.

He said that the tax should go back to the blockchain. This means that the tax should return to whoever governs this blockchain. Whether the blockchain governors are the MNOs, or a traditional government, or whether the traditional government has shares into the blockchain, or whether something tottaly different and unexpectable happens, this does not matter. We are talking about the properties of the code, and the code should take into account all possible scenarios.

"The tax functionallity should be a property of the blockchain code" (this is what @GrandMasterDash just said) "and the community should decide to ignite this property, and lets vote the numbers about it" (I completed).
 
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GrandMasterDash

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To say no one would accept a coin with tax is also to say, no one would pay $1000 to submit a proposal, or no one would choose 1.8 dash as a reward. Willingly accepting one side of the argument when it suits us (reward paid), yet choosing to reject "tax". Inflation occurs the moment a proposal is successful. It is a tax because more dash magically comes into existence. The benefit for that inflation is hopefully more adoption. So why must we think the benefit of another type of tax is zero? Sure, we can discuss how we derive the various numbers, or how we determine the beneficiaries, but that doesn't make the idea inherently flawed.

The fiat system is "broken", that's why we're in crypto, but it's clearly good enough for a large number of people, or else we wouldn't be so obsessed to measure the bitcoin price is dollars. And it has already been suggested, had Adaptive Proposal Fees existed at the start of the coin, then it would of surely stayed that way, unchallenged. And so too for a pre-programmed tax mechanism; if it existed at the start, people would choose to use the coin, or not, so where is the problem?

Don't misunderstand me. I am definitely allergic to taxes! But if we can guarantee the rules in code.. code is law, right?

And remember, I am also proposing the flip side to tax.. interest paid on time locked funds. Thus as a user you make your choices.. and everyone would definitely make their own choice. Some people piss their money away, while others are savers, and everything in-between.
 

demo

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Apr 23, 2016
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demo

Well-known Member
Apr 23, 2016
3,113
263
153
Dash Address
XnpT2YQaYpyh7F9twM6EtDMn1TCDCEEgNX
Sorry, wikipedia is not the right place for any original research, as well as for list of things someone might find useful. There are plenty of free wiki out there, let's use one of those.
https://www.quora.com/What-is-the-best-tool-for-creating-free-online-private-Wikis
Are the governed cryptocurrencies original research? I dont think so.

Wikipedia supports lists on things
https://en.wikipedia.org/wiki/List_of_lists_of_lists

Anyway...

What is the wiki page you recommend we start editing in order to create the list of governed cryptocurrencies?
 

demo

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Apr 23, 2016
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What do you think about the Burst movement
Burst coin seems to have some kind of crowdfunding
https://forums.burst-team.us/category/11/burst-projects-crowdfundings

Some people consider crowdfunding as a governance mechanism. I dont think that crowdfunding can be considered as a governance mechanism. Governance means you vote in order for something that belongs to everybody to be exploited and/or reclaimed in a certain way. Crowdfunding means you pay in order for something that it is liked to be born or created.

Of course if in your mind voting and paying is the same thing then you may confuse governance's and crowdfunding's meanings. Many people are confused and they say that the more money someone has, the more voting power should have.

But governance is not the same as crowdfunding, and voting is not the same as paying, because what happens in the reality is below:

The more loyal or slaves you have, the more money you have. The money you own exists because people believe in it or because you force them to believe in it. If you have no loyal or no slaves, then whatever money you have is tottaly useless. In case you have loyal and faithful people your vote/opinion is what really counts and not your money. In case you have slaves, your power/force (against them) is what really counts and not your money. So money totally depends on someone's vote/opinion and on someone's power/force, and it is impossible to exist otherwise.

Many people are confused and they say that the more money someone has, the more voting power should have. If they are not forced to say this, they say it because they are loyal and faithful to the rich. Being faithful and loyal to the rich without being forced, this is the ultimate stupidity.

Crowdfunding cannot be considered pure governance because it implies an underlying (and imposed) faith to the rich. In that sense of course, neither Dash, nor PIVX, nor Decreed can be considered as a pure governed coins. Because the governance system of all these coins also implies the same faith to the rich people, and this faith is subtly imposed (like many other things in the design of these coins) by the smart spies into the empty mind of the stupids.
 
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demo

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Similar story for NEM... has voting and notarisation but not sure about enforced governance.
We can see here NEM proposals.
And here is their voting module.

But they ask your real identity, and their wallet is lightweight based on javascript, which is unsafe IMO.
 
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demo

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Apr 23, 2016
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Biblepay
http://biblepay.org/
https://coinmarketcap.com/currencies/biblepay/
It is a dash fork. It should have some kind of governance. As they said:
MasterNodes (called Sanctuaries) will come online after Christmas, allowing all expenses to be voted on and approved.
After the sanctuaries go live, the 10% tithe will be diverted to an ongoing budget with DAO governance, voting, allowing the coin to function as a decentralized autonomous charity; at that point the lead dev and volunteers will become a normal part of the community allowing the coin to run by itself.
 
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DAOMN

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Mar 30, 2017
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Doesn't the DASH fork, Crown, have governance? They call voting nodes trons I think.
 

nnx3

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Apr 30, 2017
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only PIVX and NEM give profit above inflation, better way is still hold IOTA (0% inflations) and token from Ether netwrk as GNT, SJCX (no inflation), now DASH give 8% but inflation is 20% it means that MN dash holder are -12% losers for the miners.
 

GrandMasterDash

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Jul 12, 2015
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You are wrong. Decred staking ROI is higher than inflation and higher than any of the coins you mentioned. At ~33% annual gains, Decred crushes Dash and everything else. As a bonus, Decred keeps its networking and application layers separated so the entire network doesn't get disrupted by simple things like an out-of-place comma.
I thought PoS sitting in a hot wallet was vulnerable to hacking...
 

demo

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Apr 23, 2016
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Hello everyone! As this is my first post I'm not supposed to add any links but DeepOnion is planning a Vote Central for Q1 and founders statuses available for veteran users after the airdrops have finished in Q2.
This gives the community the chance to vote on the future actions and developments of the project!
This is where the future is headed, blockchain will eventually take over.
This thread is about coins that have governance, not about coins that will have.
 
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demo

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Potato'-Potato
Better later then never, but we will get there.
When will you get there? Is there a timeline?
And who are you? Are you Alice?

You know what? There is a common thing between automated bots and paid trolls/spies/journalists. They both dont answer to questions. So if the individuals of the community get used to classify people who do not answer to questions, they will reveal both automated bots and paid trolls/spies/journalists.
 
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demo

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Apr 23, 2016
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Yes there is a timeline, I believe the launch of vote central was planned for q1 2018.
Can you provide us a link for your claim?
A github repository with a beta version?
You have to anwer me, otherwise I will classify you to people who do not answer questions.
Anyway, please inform us in this thread whenever governance arrives in DeepOnion.
 
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