Opinion: Necessity of Government in the Era of Consensus Algorithms

Voting secure

Opinion: Why is government necessary? Government is not necessary at all.

To reason that Government, comprised of human beings who aren’t angels is necessary, because human beings aren’t angels, is a fallacy of thought. Immoral human beings are drawn to the power of government. 

In the past aristocrats found government necessary to better coral, loot and cull populations, better termed victims and broaden their sphere of theft to foreign populations.

Victimized populations were convinced of the virtues of for protection government from the immoral greedy thieving Aristocrats, foreign as well as domestic and little has changed over the centuries right into today. Although, few to no government protects its populace more than it preys upon them, with capitalist exploits, coercion, fraud, force and deception.

In fact with today’s technology, our task masters, en-slavers or oligarchs and their governments, no longer serve a positive need for their populations. They’re obsolete and they know it. So they attempt to distract the population, create problems, wars, disease and famine, devise a solution to the reaction, which includes not only theft but further restrictions on the populaces agency of self determination..

Blackchain Vote

We the people, maybe better termed, Informed Populace only need organize for consensus. We no longer need the representation of undemocratic and incorporated political Institutions and their minions.

We only need a decentralized, voluntary and Involuntary, immutable Blockchain ledger for democratic consensus driven concession building. Maybe we reinstate the original, we the people driven Grand Juries as well. We replace the crooked middlemen ruling over us with an application, a Blockchain App.

vote-e1510057977111

Democracy 2.0: How Blockchain Technology Is Unveiling a New Type of Democracy

According to Mancini, misrepresentation is a product of operating within a dated political system. While democratic republics were formed centuries ago, she explained in a 2014 TEDGlobal talk in Rio de Janeiro, porous borders and the internet have fundamentally changed our relationship to representation, revealing cracks in the concept of the nation state.

Why, she asked herself, should this not be reflected in our current voting system?

“Think about it this way,” Mancini explained, “we are 21st century citizens doing our very best to interact with 19th century-designed institutions that are based on an information technology of the 15th century.”

Pia Mancini: How to upgrade democracy for the Internet era

 

In April 2012, in response to growing frustration at the lack of accountability among elected officials, Mancini launched an app called DemocracyOS, designed to enable any political organization to provide a platform for its constituents to discuss and vote on new legislation. Alongside the app, Mancini co-founded the political party, ‘Partido de la Red,’ with a pledge to tie elected members’ votes to the decisions of DemocracyOS users.

While Partido de la Red missed out on enough votes to secure a seat in the 2013 Buenos Aires elections, the city agreed to upload all 350 bills introduced in the following year onto DemocracyOS. The move would give citizens the opportunity to directly weigh in on individual pieces of legislation.

Despite progress, Mancini soon realized that upturning the democratic process at the state level was thinking too small.

“We are 21st century citizens doing our very best to interact with 19th century-designed institutions that are based on an information technology of the 15th century.”
— Pia Mancini

“The problem with a territorial organization of power is that we are allowing the voices of over 50 percent of the world [the percentage of the global population not living in fully democratic countries, according to US-based NGO, Freedom House] to be mediated by non-democratic governments,” she said. “If we can provide a form of non-territorial jurisdiction within which we all have some agency, then having a voice in the world stops being an accident of birth.”

For example, why should Mancini be represented by Argentina at international climate change discussions when she doesn’t support its environmental policies? Why is there no system to allow her to register her political support behind a state whose stance is much more closely aligned with her views?

Similarly, why should a person who leaves their birth country have any less of a say in regional or global migration policies in the moments they are in transit or crisis?

“The internet has the potential to offer another kind of jurisdiction— a jurisdiction that operates outside of the nation state,” Mancini expressed. “It can allow us to remove territories as the sole factor around which we organize power.” Continue reading at Dell Tech.

Blockchain Governance in Action

Sovereign’s first pilot election took place from September 30th to October 3rd 2016. The idea was to host a symbolic global plebiscite on whether to endorse the Colombian government’s proposed peace deal with the FARC guerrillas. Continue reading at Dell Tech.

Accountability without Chaos

For Mancini, requiring every member of society to vote on each issue is a recipe for chaos as not every issue is pertinent to that individual. To get around this noise, Sovereign uses a form of voting called liquid democracy. Continue reading at Dell Tech.

blockchain

What Is a Blockchain Consensus Algorithm?

In the context of cryptocurrencies, the consensus algorithms are a crucial element of every blockchain network as they are responsible for maintaining the integrity and security of these distributed systems. The first cryptocurrency consensus algorithm to be created was the Proof of Work (PoW), which was designed by Satoshi Nakamoto and implemented on Bitcoin as a way to overcome the Byzantine faults.

Read more: Binance Academy

PoW-vs-Pos-Simply-Explained

Consensus Algorithms: The Root Of The Blockchain Technology

Every day we see new blockchain technology surfacing in our midst. No matter how much we try to grasp the latest technology, they always have something new to offer to the table. Ever wonder what the root of all these blockchain technologies is? Well, consensus algorithms are the primary root of these revolutionary techs.

Consensus algorithms are what that makes all these blockchain consensus sequence different from one another. Blockchain network facilities millions and millions of people in the same space. So, how come they never interfere with one another or exist Binancemutually?

The answer is in the architecture of the blockchain network. The architecture is cleverly designed, and consensus algorithms are at the core of this architecture.

Blockchain Certification Course

If you really want to know how blockchain consensus sequence works then you have to dive in much more in-depth than you think. That’s why I’ll be covering all there is to know about consensus algorithms in this guide. So, let’s get on with it!

Chapter-1: What is the Consensus Algorithms?

The technical definition would be:

Consensus algorithms are a decision-making process for a group, where individuals of the group construct and support the decision that works best for the rest of them. It’s a form of resolution where individuals need to support the majority decision, whether they liked it or not.

In simple terms, it’s just a method to decide within a group. Let me clear it up with an example. Imagine a group of ten people that want to make a decision about a project that benefits them all. Every one of them can suggest an idea, but the majority will be in favor of the one that helps them the most. Others have to deal with this decision whether they liked it or not.

Now imagine the same thing with thousands of people. Wouldn’t that drastically make it way more difficult?

Consensus algorithms do not merely agree with the majority votes, but it also agrees to one that benefits all of them. So, it’s always a win for the network.

Blockchain consensus models are methods to create equality and fairness in the online world. The consensus systems used for this agreement is called a consensus theorem.

These Blockchain consensus models consist of some particular objectives, such as:

  • Coming to an agreement: The mechanism gathers all the agreements from the group as much as it can.
  • Collaboration: Every one of the group aims toward a better agreement that results in the groups’ interests as a whole.
  • Co-operation: Every individual will work as a team and put their own interests aside.
  • Equal Rights: Every single participant has the same value in voting. This means that every person’s vote is important.
  • Participation: Everyone inside the network needs to participate in the voting. No one will be left out or can stay out without a vote.
  • Activity: every member of the group is equally active. There is no one with more responsibility in the group.

Different Types of Consensus Algorithms Infographic

Consensus Algorithms Infographic

proof of work vs proof of stake

   Binance Academy

Table of Contents

Chapter-1: What are Consensus Algorithms?
Chapter-2: The Problem with Byzantine Fault Tolerance
Chapter-3: Why we need Consensus Algorithms?
Chapter-4: Blockchain: The Skeleton of Organizing Data of the Decentralized Network
Chapter-5: Consensus Algorithm: The Soul of the Network
Chapter-6: Different Types of Consensus Algorithm
Chapter-7: Other Types of Consensus Algorithm
Chapter-8: Concluding Notes

Continue reading: 101 Blockchain

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