Eden on Eos, the democracy of democracies
Full disclosure, I am not a member of the current Eden OS EOS community, and I was not paid by them to do this video, the opinions expressed in this article are that of my own, and may, or may not reflect the opinions of current Eden EOS members.
Since the dawn of time, mankind is always struggled with how to rule one’s own community, whether it be through the autocratic dictatorial method of top-down leadership, that leaves little freedom for individuals at the bottom. Or outright direct democracies that came later in civilizations like the Athenians of Athens Greece, which often devolved into dictatorship of the 51% with the majority, often voting itself excessive benefits from the public treasury, and was more often than not, prone to demagoguery. As time marches on mankind has created increasingly more sophisticated forms of governance, sometimes taking massive leaps forwards, as well as more often than not, significant steps backwards.
In this video article, I intend to go over, Daniel Larimer’s post called “EOS Governance Draft Proposal Part 2” and give you my opinion on why I believe, when all is said and done, that Eden-OS may turn out to be, the killer application of blockchain, links to the original article will be in the description below, OK now let’s get started.
To paraphrase slightly, this article first starts off with, In my prior post 91, I presented a proposal for a decentralized community governance system. This post will expand on these ideas and include community feedback. Let’s begin by discussing the difference between the existing EOS community and the new EOS governance community. The EOS community includes the governance community. Eden is the current code name for the governance community (EOS). Eden is a process that uses smart contracts to identify community members and allocate budget.
Many communities struggle with facilitating communication. Absent clear communication, mistrust is inevitable. Most of the users are in the East, but the core EOS developers are mainly Western (China). Other important, but smaller, communities speak Spanish. A principle from my book, “More Equal Animals – The Subtle Art of True Democracy” 22, is that democracies should be organized regionally to support greater local autonomy and freedom from tyranny caused by an inability to organize a secession movement. If the country was represented by its counties instead of by a population of 300 million people, the people of the United States would have more power and representation. A popular democracy promotes self-government for people while empowering individuals. EOS should be established as a democracy of democracies. In this situation, two independent communities will each get half of the budget. We would be giving each state in the US an equal share of the new dollars created. Democracy of wealth distribution. The needs and wants of the Chinese people may differ from those of the English-speaking population, but we can live together without regard to their internal politics. Whenever there is a decision that affects the entire blockchain (such as hard forks and system contract upgrades), two communities’ leaders will have to agree on it. It is only the leaders who will have to talk to the other community. Moreover, local community members can better hold their local leaders to account.
Anyone could start their own community with the Eden contract. I would create one community, in order to build connections with the Chinese community. Once these communities have 1000 members and have completed their first election, the block producers could vote on allocating 0.125% inflation to each community. Foreigners speaking other languages would be free to start their own communities. Once the communities are similar in size to the English and Chinese, the two can vote to add the other two to the EOS network.
To join, you need an invitation and approval from three members, and you must pay a membership fee of at least three hours of minimum wage (currently around 10 EOS). The threshold for consideration is high. Your ability to make decisions as a member and engage in live video chats while carrying out your duty to govern the blockchain is expected of you. If you are unable to find 3 hours of minimum wage work, how will you have time to participate in governance? In addition, those who are more dedicated to funding the growth of the EOS community can govern while the rest of the community stays out of governance. The concerns arose about elected officials having too much work to vet invitees. Assuming maximum growth (every person inviting 20 people per year), this would mean that the elected positions would have to approve at most 4 people per week. This would mean that they get paid at least $60 per validation and each validation only takes 10 minutes. These people will not be burdened, as they won’t be overworked, so they will be adequately compensated.
Remove members of the community who violate the community code of conduct. The individual who makes an accusation of a breach of the code of conduct must pay a bond. In the event no eviction occurs, this bond should cover the cost of the trial. After posting a bond, 5 randomly selected elected officials have their claims reviewed. We may want to set up a zoom call and give both sides a chance to respond. When 3 of the 5 agree to evict, the accuser gets the bond back twice. During this time, an investigation could be opened to the members who approved the evictee. If it is determined that sock puppets are currently being considered, the process will continue. Some people expressed concern that the event swamped the elected officials. Becoming a member is unlikely in light of the difficult requirements of entry.
For those of you that are interested the full article link will be in the description below, I encourage everyone to read Dan larimer’s book “more equal animals” to get a better understanding of his reasoning of why certain measures and things are necessary, if one hopes to have a properly functioning democratic community. Eden OS on EOS, is currently just a process, but this process will be incorporated into code, that will operate on top of the EOS main-net blockchain eventually, I presume. In my opinion, this has the potential to bring immense value into EOS main-net, anytime there is a collective of human beings wishing to operate collectively towards common goals.
There will always be a need for governance, governance within the blockchain world today seems to have negative connotations attached to it, considering that most of us look to decentralization as a means to escape traditional overbearing governments of the world, especially within the financial sectors. But the problem is not government in and of itself, but more so what form a particular government takes and how it chooses its leaders, as well as enforces it’s will, and arguably how it keeps from becoming coopted bye entities that do not reflect the will of the governed. The grand experiment of Eden OS potentially could solve this problem, and if it does, this more than anything else, has the potential to be the shot heard around the world for the entire blockchain industry. A crypto democracy of democracies could be, in and of itself the long sought-after mythical killer application of blockchain, but ultimately only time will tell.
To all EOS holders, the killer application of blockchain, may have just arrived.