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Topic: Decentralized Authority - Modeled on the common-law Jury System (Read 170 times)

copper member
Activity: 117
Merit: 0
Governance & Dispute Resolution Protocol
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- Who will decide in case of a Dispute - in decentralized systems?

The XianYu use case looks very practical. Randomly identifying few members of the network with certain credibility to resolve disputes makes sense.

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Smiley- How can we guarantee Fairness and Transparency?

The selection procedure for arbitrators should be handled by the network without any interference by any third party. A creadibility parameter should be implemented and followed by the network to maintain transparency.

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- Is decentralization as a concept sufficiently being covered through the Technology?

It's a very broad question and hard to cover within the span of this thread. But one thing is certain, that it can be achieved only through interference free technology which can ensure utmost transparency and integrity. A lot more brainstorming is needed to reach a finalized concept execution method.


Great answers!

1) It is important to add, however, that on XianYu, only active users of the platform are eligible to become Jurors. This limits the potential of totally unbiased and decentralized decision making, as it is much fairer to include people from outside and give them the chance to judge on certain affairs, if they are interested to do so. With Oath, we're sharing communities, so not only EOS users could rule cases on the EOS chain but a NEM- or Cardano user could do so as well. This makes more sense in our opinion and also brings along advantages for all partnering platforms in our ecosystem.

2) Decentralized arbitration is always kind of the "Third Party". Whether it's the platforms users who are not affected by the cases' results, or a much broader pool of jurors. What Oath provides is the Jury and the verdict. Execution, user-behavior, user experience and technological standpoints will not be affected nor interfered.

3) I wanted to imply here, that code is always limited by itself. Human rationality, or whatever the majority thinks is true, truly covers each scenario possible and thus extends the usability + security of smart contracts / technologies drastically.

legendary
Activity: 3080
Merit: 1500
Quote
- Who will decide in case of a Dispute - in decentralized systems?

The XianYu use case looks very practical. Randomly identifying few members of the network with certain credibility to resolve disputes makes sense.

Quote
Smiley- How can we guarantee Fairness and Transparency?

The selection procedure for arbitrators should be handled by the network without any interference by any third party. A creadibility parameter should be implemented and followed by the network to maintain transparency.

Quote
- Is decentralization as a concept sufficiently being covered through the Technology?

It's a very broad question and hard to cover within the span of this thread. But one thing is certain, that it can be achieved only through interference free technology which can ensure utmost transparency and integrity. A lot more brainstorming is needed to reach a finalized concept execution method.
copper member
Activity: 117
Merit: 0
Governance & Dispute Resolution Protocol
We would like to kick-off a discussion about authorities & the significance of a law-system and decision making for the blockchain sphere.

- Who will decide in case of a Dispute - in decentralized systems?
- How can we guarantee Fairness and Transparency?
- Is decentralization as a concept sufficiently being covered through the Technology?


At Oath Protocol, we are building a platform to facilitate community governance on the blockchain. Governance is about who makes the rules and who enforces them. It is not only about the control of the blockchain; it identifies resolution mechanisms to deal with technological issues, user disputes, and other violations.
 
In his article, our founder Yin reviewed several real-life governance use cases in both traditional industries and blockchain projects. Please take a look and let us know what you think: https://medium.com/oathprotocol/real-life-governance-use-cases-in-traditional-and-blockchain-industries-b39924bd9448

Feedback very much appreciated,

Upwards and Onwards 💯
Team Oath
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