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Main => General Discussion => Topic started by: CLains on February 12, 2014, 12:30:52 pm

Title: DAC analysis and evaluation
Post by: CLains on February 12, 2014, 12:30:52 pm

DACs currently have a set of metaphors and a few use cases that spring to mind whenever one tries to think their general nature. Could we enhance our creativity by looking at prominent components and perhaps develop a metaphor for each one? Furthermore, how do we evaluate these innovative DACs?

Suggestions welcome!

DAC analysis

0) Storing information.
    - Securely, and in a distributed fashion! Namecoin, torrent trackers..
1) Storing information-property.
    - Secure, distributed with unique, private access. Information as a commodity.
2) Consigning information-property to a set of rules.
    - Time lock information-property, gamble with it.
3) Exchanging information-property.
    - Trade information like a commodity.
4) Predicting information.
    - Predicts the answer to any question.
5) Providing (even empirical) information.
    - Data feeds; weather information, confidential information, answers to factual questions.
6) Using empirical information to create pseudo-empirical information-property.
    - Bitshares X turning the value of the dollar into information-property with the value of the dollar. Patent DACs turning ideas into information-property that can be invested in.

7) ...


DAC evaluation

Quote from: bytemaster on February 12, 2014, 06:30:00 pm

My evaluation of DACs starts with:
1) Business Model
    - all dacs have one primary business model, transactions
    - so a business model is really a set of transactions supported
2) Profitability  (same business model can have different levels of profit)
3) Security Model  (POW vs POS vs Consensus)
4) Scalability
5) Economic Principles
     - free market, socialist, anti-hoarding, voting

..

Quote from: bytemaster on February 12, 2014, 06:30:00 pm

Then there is the tools available to DACs:
   1) Market Mechanisms  (prediction markets and trading algorithms)
   2) Auctions
   3) Issuing Shares
   4) Dividends
   5) Nash Equilibrium
   6) Multisig
   7) Swaps
   8.) Options
   9) Interest

..

Title: Re: DAC taxonomy and evaluation
Post by: toast on February 12, 2014, 03:42:50 pm

Quote from: CLains on February 12, 2014, 12:30:52 pm

DACs could be evaluated by,

0. Graph of Popularity
1. Ease and Cost of Implementation
2. Graph of Potential Market Cap
..
..

3. Profitability / business model

Title: Re: DAC taxonomy and evaluation
Post by: CLains on February 12, 2014, 06:19:22 pm

Good. Edited.

Title: Re: DAC taxonomy and evaluation
Post by: bytemaster on February 12, 2014, 06:30:00 pm

Quote from: toast on February 12, 2014, 03:42:50 pm

Quote from: CLains on February 12, 2014, 12:30:52 pm

DACs could be evaluated by,

0. Graph of Popularity
1. Ease and Cost of Implementation
2. Graph of Potential Market Cap
..
..

3. Profitability / business model

My evaluation of DACs starts with:
1) Business Model
    - all dacs have one primary business model, transactions
    - so a business model is really a set of transactions supported
2) Profitability  (same business model can have different levels of profit)
3) Security Model  (POW vs POS vs Consensus)
4) Scalability
5) Economic Principles
     - free market, socialist, anti-hoarding, voting

Then there is the tools available to DACs:
   1) Market Mechanisms  (prediction markets and trading algorithms)
   2) Auctions
   3) Issuing Shares
   4) Dividends
   5) Nash Equilibrium
   6) Multisig
   7) Swaps
   8) Options
   9) Interest



   

Title: Re: DAC taxonomy and evaluation
Post by: CLains on February 13, 2014, 03:09:25 pm

Great. Edited more.  :)