Author Topic: Evolution of Bitshares: Like the USA before and after the Constitution?  (Read 796 times)

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Offline xeroc

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Very cool analogue!

Though I would go as far as stating that:

Judiciary is the source code (adjudicates based only on defined protocol)
and the constitution is "the protocol" ..

Some thing are buggy in software .. hence the software may not do what the protocol states ...
Luckily in BitShares .. you can update the Judiciary/software on every failure :)

pollux

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It has occurred to me that the refinements in the new DPoS plan can be understood in contrast to the multi-branch system of government used in the United States:

Electorate: shareholders (one share, one vote)
Executive: witnesses (maintain & certify record of truth)
Legislative: workers (paid, create and maintain rules, subject to approval)
Judiciary: source code (adjudicates based only on defined protocol)

- Voters elect and approve of Executive & Legislative
- Judiciary are like AI judges, appointed by Executive, engineered by Legislative

In this sense, protoshares was a bit like the Boston Tea Party (or declaration of independence from Bitcoin?), the pre 1.0 releases of Bitshares was quite like the USA between 1776 and 1787 when there was no Constitution, just the Articles of Confederation. The release of 1.0 will mark the creation of the Constitution itself, clearly forming the branches of the federal government.

http://en.wikipedia.org/wiki/Articles_of_Confederation
http://en.wikipedia.org/wiki/United_States_Constitution
« Last Edit: May 23, 2015, 02:56:06 pm by pollux »