Peace, Abundance, and Liberty Network (PALNET)- A stake weighted, constitutional, direct democracy built on graphene (block chain 2.0 tech). AKA how to make a block chain government.
Continuing the discussion of creating block chain government and what that might look like. I've started a good conversation with one of the software architects for STEEMIT and we're working on tweeking it to function as a full fledged government. Here's what the first round of tweaks will look like.
A Graphene blockchain based on Steem.
Deliverable: The current Steem source code, with the following functionality added:
- Half of all newly minted coins go into a `Public Fund`
- A transaction to propose a project paid from the `Public Fund`, which describes the project (limited to one of the following essential service types: commerce, common defense, communication, education, environment, food, health, news, shelter, transportation, water) and price (price is variable but capped at 5% of `Public Fund` balance at time of proposal)
- A transaction to vote for/against a `Public Fund` project, with public comments available
- A transaction to veto a `Public Fund` project (must be signed by an active witness)
- A week after a `Public Fund` project is proposed, if more stake is voting for it than against it *and* the `Public Fund` contains sufficient funds to pay, the project price is paid to the proposer; otherwise the project is discarded
- A `Constitution` file is encoded in the genesis block
- A transaction to propose a replacement `Constitution`
- A transaction to vote for/against the replacement `Constitution`
- 60 days after a replacement `Constitution` is proposed, if 2/3 of voting stake is in favor, and 2/3 of witnesses are in favor, the `Constitution` is replaced
- Support for listing pending `Public Fund` projects
- Support for listing pending replacement `Constitution`s
- CLI wallet support for all of the aforementioned transactions and listings
> Under consideration: A vesting period for Power stake (analogous to Steem Power) such that, after powering up, it requires 1-2 years for this stake to reach full voting rights. Objective is to prevent whales from buying in and hijacking the voting process.
I'd love to get your thoughts. What other basic functions are we missing to get launched. What services would you want an internet based blockchain government to provide? Do you want to help us?
Very cool thoughts here man. I would think that in a lot of ways steem is already starting to be this. The vesting period for power stake seem like a very interesting concept.
Interesting opt in government.
I have had this same concept for at least three to four years now. We vote and trust that our votes are cast correctly and for the right person but there is no way of verifying this. I was in the process of making a website that would have as its central function people coming to it after an election and voting as they did officially and see if there is consistency or a margin that is suspicious in its range. I thought how can I do this while still having the voters anonymity safe? So I postulated that if every voter instead of No ID and simply using a signature was put into a blockchain so as they are completely in control of the account which you would do via encryption key. So you vote then come home and log in and see what the results are and if they are different/same as online blockchain vote tallies. It also would allow the voter to make sure his/her vote was counted by seeing their unique but completely private encrypted account and how that account was voted with a straight numerological vote as in R=0, D=1, I=2, etc and the same with state and federal proposals. So yeah Inguess we all had this idea or at least a bunch of us so I absolutely think thisnisnthethis artificer only trivial and just see how it works. Then move on to larger social media and ask others to join in. Proof of Concept first and then proof of scalability which should not be a problem since the blockchain can handle large numbers and keys as well as separating each state, federal, local and town voting results into separate chains. So Inmean, yeah, let's get on this because great minds think alike and sheesh how can you have 2,000,000 more votes and lose? Not saying I am for either Presidential candidate (I'm a Berner). Truth in numbers and numbers in truth. For those with the ability I say let me be your Guinea pig. STEEMON!