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RE: Tauchain may allow for the development of the first "Smart Constitution"

in #tauchain6 years ago

I hold Tezos so of course I remember. Tezos has the opportunity to learn from the mistakes of other platforms like EOS or Ethereum. Tezos being self amending at least has the main component necessary for a smart constitution but it's not enough by itself. You need also the ability to create rules which are consistent, which don't contradict.

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Is there a specific mistake of EOS you're thinking of? Or is it just a lack of on-chain governance? It is my understanding that the EOS constitution could be amended to include that in the future. As it is with EOS roughly following the Steemit model I think we have something that is a happy compromise between a completely automated on-chain system, the risks of a susceptible benevolent dictator in Ethereum, and economic and environmental disaster of miners uber-alles Bitcoin. I guess we'll just have to see how the community-blockproducer-constitution system works out.

I don't follow the governance side of Steemit too closely but I feel like it is reasonably successful - other than the internal economics that could skew how the message gets out when we need to vote for producers, plus the ability to game the system with multiple accounts.

Do Tezos or Tau do anything to try and create strong identity?

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