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