ough any device. It has made basic for the customers to find an utilitarian pace from even a sensible PC. With this mail account you can essentially "Sign-In" in your record by putting the email address and the puzzle word. Right when you "Sign In" you can check the headway of your mail account. You can make, read the pushing toward mail furthermore download the monstrous record affiliations. submitted by
Winning piece of people has been chosen with Binancepremium email account since it is by no means whatsoever, proportionate to other mail accounts with number of significant qualities open in it. It is directly before long considered as one of the significant webmail application that has the astonishing reputation among the customers and it's reasonable Binance email customer help is perpetually open for those customers who everything considered face issues while overseeing records. To reestablish them the customer carenical group goes to get-togethers which over different parts require for the exceptional assistance.
Binance Exchange bitcoin charging has been pushed for satisfying fundamental of checking the sends through any contraption. It has made essential for the clients to locate a functional pace from even an immediate PC. With this mail account you can basically "Sign-In" in your record by putting the email address and the puzzle word. Exactly when you "Sign In" you can check the improvement of your mail account. You can make, read the pushing toward mail and besides download the huge record affiliations.
Overwhelming bit of individuals has been selected with Binancepremium email account since it is in no way, shape or form identical to other mail accounts with number of useful traits accessible in it. It is right at present considered as one of the standard webmail application that has the heavenly notoriety among the clients and it's satisfactory Binance email client help is consistently accessible for those client
s who everything considered face issues while managing records. To resuscitate them the client carenical bundle goes to social occasions which over various parts require for the astounding help.
Original post: https://medium.com/iconviet/contribution-quantifying-model-and-prevent-centralization-of-power-f4d0b70a196 submitted by
Solving contribution puzzle
and introduction of ContributionDAO.
How it could deal with the public enemy of every blockchain ecosystem: centralization of power
It explores following topics:
- Can contribution be quantified ?
- A heuristic technique to quantify contribution
- A special DAO for overseeing contribution ( ContributionDAO )
- Every form of centralization is disfavored in public networks
- The power of early adopter and contributor
- What we could do in early stages to avoid the fate of crypto-dystopia
I wrote with the love for ICON and many years of experience in crypto/blockchain space as well as a long exposure to political theory. You know, blockchain is a beautiful combination of economic, politic
. But it will become ugly if not being done properly in the first days.
Can contribution be quantified ?
This question should be started with another one: how do we define contribution ?
We cannot quantify something without identifying it first.
But there are many answers, very biased ones you know. Anyway, at the end of the day, we must come to a consensus on how we could identify contribution. In my observation, the consensus is "anything help to bring value to ICON network, it could be counted as contribution"
Now here comes another question, how do we know that some activity will bring value to ICON network ( and ICX price ) ? Well, just use common sense alone, I can make a list like following
- Develop open source projects in ecosystem
- Make great tools and documentation to help onboarding new developers
- Implement ICON node client using different languages, it plays a vital role in resilience of the network ( Ethereum has 7, 8 different client implementations )
- Hosting hackathons and developer events to spread awareness and create strong developer mindshare
- Brainstorming ideas on how to use blockchain ( and ICON network ) to bring economic benefit to business, as well as executing those ideas
- Propose strong and well thought proposals on network governance
That is my list, there are many more for sure, it depends on your experience and perspective. As long as you can explain how your activity could bring value to ICON, and if community accept it, then it is contribution. Subjectivity is the nature of the game.
At this point, assume that we can identify contribution ( or we think something may be
a contribution ), how to quantify them ? How to determine how big, how important, how significant that contribution is ? Again, subjectivity is still around here. There is no universal truth at all. Each ICONist probably has a subjective view on the significance of some specific contribution. It makes us hard to quantify contribution reliably, so what should we do ?
A heuristic technique to quantify contribution
So, do we must live with it ? Even ICON Foundation does not give us any strong set of rule on this quantification problem. Is it that sad ? Is it the end ?
Not really, no way we are in dead end here, we never surrender. In fact, I strongly believe that we just need to use common sense and community wisdom, combine with verifiable proof of finished contribution
and one well designed DAO
for overseeing them, we could come to a good enough heuristic method to quantify contribution. Wait a minute, what does heuristic mean ? "A heuristic technique, often called simply a heuristic, is any approach to problem solving or self-discovery that employs a practical method that is not guaranteed to be optimal, perfect or rational, but instead sufficient for reaching an immediate goal." - Wikipedia
A special DAO for overseeing contribution ( ContributionDAO )
To quantify PRep contribution, the heuristic framework could be like this
- First, we must build one DAO called ContributionDAO
- ContributionDAO comes with its own token ( maybe CNTR token )
- This token will play a key role in the way contribution is evaluated and quantified.
- The main purpose of CNTR is for competitive voting of contribution items.
- Initially, CNTR token will be distributed to all ICX holders with conversion ratio calculated by a special formula for reducing the influence of whales.
- All above rules will be explained in detail in ContributionDAO light paper which will be ready in coming months, I am working on it.
- All PReps must finish their works/contributions and submit them as individual items to ContributionDAO
- For all submitted contributions, CNTR holders ( all ICONists ) can upvote or downvote them competitively. After a certain amount of time ( determined by a number of blocks ), the winners and losers are known and rewarded or punished correspondingly. Details will be in light paper.
- Rewarded means winner's CNTR holding is increased proportionally to the amount of voted CNTR and how big they win.
- Punished means losers's CNTR holding is decreased proportionally to the amount of voted CNTR and how big they lose.
- Vote result of a contribution could be interpreted like below ( still a draft at the moment )
- If a submitted contribution has very small amount of votes or no vote at all ( both downvote and upvote ), it could be considered pointless.
- If a submitted contribution has almost equally amount of upvotes and downvotes, it could be considered controversial.
- If a submitted contribution has way more upvotes than downvotes, it could be considered useful.
- If a submitted contribution has way more downvotes than upvotes, it could be considered harmful.
- In conclusion, the higher value of upvote/downvote ratio, the more significant and important one contribution is. This ratio value is calculated using a formula to take net voting volume into account. Again, more details in light paper.
does not guarantee an absolute objective quantification of contributions, but it could be a useful weak-subjective quantitative tool
for community to determine the significance of contributions done by PReps. In the beginning, all ICONists have the right to evaluate and vote for the meaningful contributions, but if they keep voting blindly, irresponsibly and against majority, their CNTR
holding will be burnt to zero gradually and they will lose their right eventually.
Note that, beside the initial CNTR distribution by airdrop, anyone can still buy CNTR on open market if there is seller, but that is another story I will go more deeper in ContributionDAO light paper. Just a hint, it relates to governance economic. Yeah, governance activities could form a whole economy of their own. This game will be interesting.
Every form of centralization is disfavored in public networks
In simplest explanation, community support is de facto force for the success of every public open projects ( public blockchain is one of them ). In order to secure community support, the project must belong to community first. By nature, centralization in all forms is against community interest, it will result in gradually decreasing of community activity and ultimately, the dead of project ( or zombie state )
If you still have a vague idea on the importance of community, please take a look at Bitcoin and Ethereum, they are the ones with strongest community support so far. Developer adoption will come naturally with huge community and decentralization. We all see the fact that no one want to build on a centralized authoritarian network. \
* If someone want to bring Binance as counter argument here, please consider the short term benefit of being listed on Binance itself, it has nothing to do with the merit of a truly open and decentralized blockchain project. You know what I mean, right ?*
The power of early adopter and contributor
There are always pioneers in every community, nothing new here. There must be first contributors and adopters who take risk and invest their time into something still being in nascent stage. Yeah, those people really deserve a huge reward.
But the problem here is, that "huge reward" is usually come in form of soft power
. It means they possess a huge influence to community. Sometime, it is the hard power
, especially in blockchain, if they hold a lot of token and being the owner of big business running on the network. Either accidentally or intentionally, the power is centralized in their hand.
Note that, I don't assert them to be bad actor here, absolutely no
. In fact, they could be good actor and still possess a huge power somehow. Anyway, centralization of power is still centralization.
What we could do in early stages to avoid the fate of crypto-dystopia
In my opinion, the first thing we as ICONist should do is make sure we vote for the right PReps as they are the ones with immense power on ICON network. However, wisely voting alone is not enough, we must make sure power is not centralized in their hand ( even for good and ethical PReps ).
With ContributionDAO, we will soon have a single one portal which provide more comprehensive and more details data source to research about PRep contribution. The good news is that portal will be governed in a decentralized manner from the first day.
No more time consuming digging and searching for contribution detail of PReps, it will save a lot of time when there are more and more PReps joining the game.
I hope that ContributionDAO could help more ICONists to participate in ICON network governance by providing better tool and data source, as well as economic incentive. The more ICONists actively research and vote for right PReps, the better ICON network will be in long term.
It is time for wrapping everything up. We should know that ContributionDAO is just a tool, ultimately everything is up to ICONists. If ICONists choose to play selfishly for short term benefit, nothing can save ICON from destruction. But if we - all ICONists - decide to care more about ICON future, I believe ContributionDAO will be able to help us.
I am a member of ICONVIET team and also an ICONist myself. I and ICONVIET strongly believe that beside DApps building and business development, contribution in governance design and proposal is also very important. Therefore, ContributionDAO will be one of our main projects after decentralization. ** UPDATE_1, thank everyone for feedbacks :)
The purpose of ContributionDAO is make sure every contribution is showed clearly, compactly and quantitatively. It can help to avoid the vague effect of heavily-marketing-buzzword when PReps announce their contribution.
It could be used as a tool for official democratic voting provided by ICON which reflect the final decision of ICONists.
Thank you for your support :)
@duyyudus - ICONVIET
Each user will have a chance to win 1 of 1,500 places, with each place getting $20 worth of ONE tokens for free. Competition Period. 2019/06/11 8:00 AM — 2019/6/17 8:00 AM (UTC) Instructions. Play Harmony Puzzle on any Internet browser! Simply play, and clear levels to unlock the “redeem your Binance referral ID” pop up to enter the giveaway. Obtain your Binance Referral ID. Play Harmony Puzzle on any internet browser. Play and clear levels to unlock the “redeem your Binance referral ID” popup. Enter your Binance Referral ID and click “Redeem” to enter the competition. Each user will have a chance to win 1 of 1,500 places, worth $20 of ONE tokens each. The image contained a hash number which led to a Bitcoin wallet, but that wasn’t discovered until 3 years later, in 2018, when a husband and wife pair of puzzle enthusiasts finally solved the puzzle. One Bitcoin had a market value of around $250 dollars in April of 2015, when the wallet was initially set up. The Bitcoin puzzle that came out as a joke in 2005, yes, the one that offered cracking open a couple of loosely interconnected accounts, via their addresses, had about thirty-two (32) Bitcoin to spare for anyone willing enough time and commitment to the cause. The Bitcoins were to grow with the time stream as it kept flowing. Crack this Puzzle and Win 2.1 Bitcoin. In a tweet published on Thursday (January 16, 2019), Phemex put up the picture puzzle with a 2.1 BTC ($18,900) prize attached. The image itself is the form of a portrait made up of what seems to be matrix barcodes. 2.1 #BTC are hidden in this picture, can you solve it? 🏆. If you can’t, RT tagging the smartest person you know: everyone in the RT chain ... Crack this Puzzle and Win 2.1 Bitcoin In a tweet published on Thursday (January 16, 2019), Phemex put up the picture puzzle with a 2.1 BTC ($18,900) prize attached. The image itself is the form of a portrait made up of what seems to be matrix barcodes. Solve the puzzle and win 1 BTC – interesting challenge on Reddit. Felix Küster May 20, 2018 0. The latest bracket of people fascinated with crypto are definitely artists. It has become very popular to collect small tips and donations from people by simply including your QR code in a wall graphic or other art piece – some collecting even $1000 in a matter of days. One of these ultra ... Win Limited-Edition Animated Halloween Binance NFTs! 30 Oct 20 Binance. Share: We have two very cool, highly spooky NFTs up for grabs. Check out the animation for each below! Eye Candy x 10 NFTs. Boo-nance x 200 NFTs. Here’s how you can enter, win one, or even both! Activity period: 2020/10/30 1:00 pm - 2020/11/9 1:00 pm (UTC) To enter for a chance to win, complete these 4 steps: Share the ... A Reddit user with the username Cryptogreetings put up a puzzle on the platform offering one BTC to anyone who can solve it. Redditors have thronged the thread trying to crack the code and win the prize. The post is currently one of the trending topics on the Bitcoin subreddit.
Wild Bitcoin Price Swings, ETC Futures, Lumens Futures, Gemini Insurance & Bitcoin Puzzle The Modern Investor. Loading... Unsubscribe from The Modern Investor? ... HP 15q dy0008AU 2019 (Ryzen 5 /4GB/1TB/Windows 10 Home/AMD Radeon Vega Graphics) ... How to SHORT or LONG Bitcoin with Leverage BINANCE FUTURES TUTORIAL - Duration: 13:32. sunny decree 94,757 ... Registrate en Binance: https://bit.ly/2UyOAH8 Os traigo un nuevo video en el que os explico como hacer staking en binance, y como conseguir criptomonedas gratis con el staking. Bitcoin Subindo, Binance compra CoinMarketCap, Ethereum na BitPreço e mais! Bitcoin News Brasil 2020, o resumo semanal das principais notícias no mundo das criptomoedas! Notícias: 00:25 - https ... Quick Video, How To Use Binance Window App. DL:https://ftp.binance.com/pc_pack/Binance.exe Binance *Referral Program link https://www.binance.com/?ref=125290... WINK Gaming Platform Binance Launchpad Number One Dapp in the World Win Token Coin Win Coin Win token Wink coin Wink token WWW.KNOCKOUTCRYPTO.COM JOIN NOW!! JOIN PATREON FOR REPORTS AND TRADING ... Binance Referral Link: https://www.binance.com/?ref=10032980 ----- Coinbase recieve $10 when y... 👀 How to start Day Trading in 2019 THE RIGHT WAY! 💥 [FREE] Day Trading Course 👉 https://bit.ly/ytfreeclass 📺 BECOME ONE OF MY MEN... This Video Describes the process of converting a Binance-based cryptocurrency trading bot to utilize all exchanges and all coins with the CCXT email: [email protected] Advanced ... 🚨 MEGA BITCOIN BLUEPRINT SALE 🚨 https://www.btcblueprint.com 🔥 Up To $600 Discount - Limited Time 🔥 🔲 My Top 3 Recommended Exchanges 🔵 Phemex http ...