I am interested in doing research related to the idea of developing a Decentralized autonomous global government, that is a coded open source entity that would set the rules to how countries, institutions, people and businesses, crypto included, interact with eachother. Well, a global government but without the corruption and inefficiency sides.
People have gone overboard with this whole decentralization thing.
If you think that works wonder why isn't any real story of success after thousands of tries to decentralize government ar regional levels?
The whole thing of having 100 people with 200 ideas deciding on what they do independent from the 100 people in the next village with another 2000 ideas has led to deal nightmares, instead of the whole region deciding on a transport hub with a big airport, for example, each medium-size city has built it's own and guess what, they are all losing money since no city alone has enough passengers to keep it profitable and with enough destinations and because of that everyone goes to the capital to fly anywhere outside Europe. Transportation, tourism, energy infrastructure everything has become a mess since decentralization, just imagine the whole madness that will start if everyone is allowed to decide on their own on wages, pension, taxes on so on!
There are things where decentralization is good, there are things where it will be a complete disaster, just think what will happen if each school decided on its own curriculum? And what will happen if the same school votes to change it while you're in the middle of your studies?
When satoshi thought of a decentralised currency many must have proposed discouragement but today it is a big reality. There is no topic that isn't researchable. It is better to try an idea and fail than never trying it out at all.
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If this will work then a consensus mechanism will be put in place. Something more advanced than PoW and PoS which may include a reward system to keep participants in the network committed to been incorruptible. This is a nice research that can have good proceed if looked into.
And where is the decentralization there?
Instead of 3 political parties, you have 3 pools holding 60% of the hashrate and two entities on ETH holding more than 40% alone.
You're mistaking the ability to use a decentralized system with the governance of the said system, when did you last cast a vote on what to change on either protocol? When was the last election of who will be in charge of the future change for both systems? It's one thing to make use of a system and dump it once it doesn't feel right to you or the changes made by the leader are not the ones you agree like what Buterin is doing to ETH, but that won't be possible in governance, you will have to obey the rules of that country you like it not.