Cardano Governance : From Open Corporation to Digital Nation
Cardano Governance: From Open Corporation to Digital Nation, Catalyst After Town Hall 9th August 2023. Hosted and facilitated by Kenric Nelson & Stephen Whitenstall,
Video
Links
Document - https://docs.google.com/document/d/1T...
Timestamps
Welcome & Introduction - Kenric - 00:05
Cardano Governance Report - 02:19
Discussion volunteers - 03:20
(Impromptu sociocratic circle)
Sociocracy primer - 05:50
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Check-in Round
Check-in Round - 06:25
Kenric - Check-in - 06:45
Ed - Check-in - 07:00
Jose - Check-in - 07:12
Sean - Check-in - 07:49
Murmoz - Check-in - 08:10
Felix - Check-in - 08:39
Johnny - Check-in - 08:58
Stephen - Check-in - 09:14
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Runsheet
Runsheet - Stephen - 09:47
Subject Areas - 10:08
Open Corporation or Digital Nation?
Cardano’s centralized governance plan and its consequences
Assuring transition to a Digital Nation
Layered defense for Sybil resistance
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1) Open Corporation or Digital Nation?
1) Open Corporation or Digital Nation? - 10:39
Pointers - 11:00
(Characteristics of an Open Corporation. Publicly owned but also publicly managed ? Characteristics of a Digital Nation. Centrality of citizenship rather than ownership) Introduction - Kenric - 11:20
Definition of citizenship - 12:00
(Model of ownership not citizenship)
(Disconnect between aspiration and implementation)
(Open corporation as a model)
Contrast between Open Corporation & Digital Nation - Kenric - 14:04
3 models to think about - Ed - 14:20
(Plutocratic, democratic, pluralistic)
(Nature of Digital Identity) Voter Alignment - Sean - 16:24
(Mint value as an NFT) Questions - Kenric - 17:39
Not possible to achieve either way - Murmoz - 18:08
(more collaboration and knowledge required)
Open Corporation and Digital Nation not necessarily competing - Jose - 19:49
(Common purpose) (More of an evolution)
Setting up organization and systems - Felix - 22:00
(neglecting individuals) (highest governance is not needed)
Take a middle of the road approach - Johnny - 23:36
(governance is an overloaded term) (decision rights frameworks)
Pillars of Voltaire (on-chain governance, institutions, constitution, democratic consent) (Minimum viable governance)(network state) (dichotomy of comparison)
Minimum viable for who ? - Johnny - 26:45
False dichotomy - Stephen - 27:16
Transition to decentralized corporation not a network state ---------------------------------------------------------------
Participation - Kenric - 27:48
2) Cardano’s centralized governance plan and its consequences
2) Cardano’s centralized governance plan and its consequences - Kenric - 28:26
How boundaries of corporate ownership impact control - 29:20
Complex systems have tendency to centralization - 31:20
(Preferential attachment)(Preference for highly connected nodes) (differential influence on delegation)
Questions ? - Stephen - 33:08
Whether dRep program will tend to concentration or decentralization ? - Kenric - 33:42
(Small ADA holders have more influence if they delegate to large pools)
Centralization is what will naturally happen - Murmoz - 35:16
(How to make sure dReps function properly regardless of centralization) (Central entities must be best representatives)
Centralization possible if left unattended - Jose - 38:00
(limited span of attention)(selection of what is familiar) (Central nodes colonize minds of everyone)
Centralization can be avoided with right incentive and identity structures - 39:15
Social incentives - Felix - 41:01
(Technical layer decentralized)(Social layer centralized) (Same mindsets team up)(More centralized and politicized)
Structure of Voltaire leading to centralization or decentralization ? - Stephen - 43:00
Compared to what ? - Felix - 43:13
Skin in the game - Johnny - 43:24
(Enlightened self interest)(effective altruism)
(Easy for proletariat to have good intentions with other people money)
Fallacy of network state - 44:10
Network state metrics "number go up"- 44:45
(Skin in the game & enlightened self-interest)
Plutocracy and self-interest - 45:16
(Divide between enlightened self-interest and proletarian collectivism)
F10 "Agency Theory and Skin in Game" proposal - Stephen - 46:06
(https://cardano.ideascale.com/c/idea/...)
(Other dimensions of stake)
(Contribution, reputation and digital identity)
(Michael Sandel's "The tyranny of merit", 2021)
Minimum qualifications for dRep - Ed - 47:52
(CIP-1694 - dRep can simply be a wallet address)
(Unique ID requires centralized process)(e-citzen process)
(Representative reputations) dRep as a DAO - Stephen - 49:42
(composable representation) Stephen - 50:15
Recap - Kenric - 50:15
Creative tension between decentralization & centralization - Diveshan - 50:46
Open society innovation program - 51:40
Social Graphs rather than token inputs - 52:25
Connection with real experience - 53:01
(Stakeholder mapping and alignment)
People will break technology - 54:41
Not ready for Voltaire - Seamoss - 55:40
(Assumptions about Identity)
(Engineers too lost in how it works)
3) Objections to a DID solution
Importance of Identity - Kenric - 58:00
Digital Identity (DID) should be part of minimum viable governance - 1:00:51
Objections to a DID solution - 1:02:10
DID too vague - Ed - 1:03:00
(What is the minimum credential a dRep needs ?)
(Proof of unique personhood)
What is the need for anonymity? - Murmoz - 1:04:00
Not a binary choice - Jose - 1:06:07
(Resistance to security threats)
In-between solution - Jose - 1:06:58
Identity limits people - Felix - 1:08:57
Too much emphasis on personality - Johnny - 1:11:07
(Zero knowledge voting systems)
(Judge by voting record)
Holistic view of Cardano - Johnny - 1:12:40
Technocratic governance - Stephen - 1:15:05
Closing remarks - Kenric - 1:16:19
(Inviting contributions)
(Lack of separation of governance)
AI solutions - Sea moss - 1:20:40
(Unique personhood)
4) Close out round
Feedback - 1:25:38 (Dynamics of meeting)(Need for information)
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