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Re:The blockchain paradox: Why DLTs may do little to transfo... by lawrenceyan on Wednesday June 14, 2017 @02:11PM (#14554714)
They all say that they'll never roll back or retroactively make any changes. But inevitably, they always do. I thought Ethereum might have been different, but of course I had to be disappointed.

The problem with blockchains is that they still fundamentally fail to solve the problem of mob rule, though, I suppose you could argue that's one thing you'll never fully get rid while the human element is still involved. Robot overlords or bust?

Re:The blockchain paradox: Why DLTs may do little to transfo... by TrainedMonkey on Wednesday June 14, 2017 @02:57PM (#14555107)
Ethereum Classic is still a thing: https://ethereumclassic.github.io/

Ethereum Classic is a fork of Ethereum that held blockchain is immutable paradigm and let DAO continue to be drained.

Re:The blockchain paradox: Why DLTs may do little to transfo... by speakeron on Wednesday June 14, 2017 @03:29PM (#14555363)
> Ethereum Classic is a fork of Ethereum that held blockchain is immutable paradigm

Ethereum Classic did a hardfork last October which removed null accounts created in the DAO attack. Now, while this didn't change account balances, these were legally created accounts and the historical ledger was changed. The hardfork was controversial at the time for this reason.

You can't say that in Classic the blockchain is an immutable paradigm - it changed history just as Ethereum did.

Re:The blockchain paradox: Why DLTs may do little to transfo... by lawrenceyan on Wednesday June 14, 2017 @03:23PM (#14555322)
Everybody knows already which fork won. Sure Classic still exists, but if nobody is going to use it, then it really doesn't matter.
Re:The blockchain paradox: Why DLTs may do little to transfo... by BaronSamedi on Thursday June 15, 2017 @09:12AM (#14560021)
I think concentration of power is a bigger problem than "mob rule". If certain people or groups are able to acquire the majority of the power in the system, then the egalitarian ideals of decentralization are lost. You have just traded one power (e.g. banks) for another (e.g. the big miners).
Re:The blockchain paradox: Why DLTs may do little to transfo... by lawrenceyan on Thursday June 15, 2017 @06:04PM (#14564826)
Definitely true. Both sides of the coin are bad.
Re:The blockchain paradox: Why DLTs may do little to transfo... by MarkPNeyer on Wednesday June 14, 2017 @05:29PM (#14556269)
Here is a proposed solution to mob rule:

https://github.com/neyer/dewdrop

With a much simpler version of the same concept here

https://github.com/neyer/respect

I think it's doable.

Re:The blockchain paradox: Why DLTs may do little to transfo... by lawrenceyan on Wednesday June 14, 2017 @11:33PM (#14557749)
Interesting. So reputation would act as a mediator for decision making then? Those with greater reputation would have more influence, and theoretically this should work because reputation would be gained only when other people notice that the person has done something beneficial/helpful in their eyes. Overall that should result in high reputation values being directly correlated to those who are altruistic and good.

It's definitely a cool concept. The main problem being I think is incentive to adopt. Without the weight of reputation having meaning behind it, no one will care and thus the intended effect disappears.

Re:The blockchain paradox: Why DLTs may do little to transfo... by Taek on Wednesday June 14, 2017 @11:48PM (#14557813)
How would such a reputation system defeat the Sybil attack?
Re:The blockchain paradox: Why DLTs may do little to transfo... by MarkPNeyer on Thursday June 15, 2017 @12:17PM (#14561738)
There isn't an absolute reputation score. Reputation is computed pairwise. Rep(a,b) means "What is the implied reputation of person b, given the persons a trusts"

So a bunch of fake accounts aren't going to influence a's perception of b,unless a has trusted someone who'se created those fake accounts. IN that case, the mistake a made was trusting someone (directly or indirectly) who'se created a bunch of fake accounts.

Because the input weight of a person decreases with their distance on the graph from a, the only sybil attacks that would screw you up would be ones conducted by people who you've said you trust.

Re:The blockchain paradox: Why DLTs may do little to transfo... by nosuchthing on Wednesday June 14, 2017 @08:26PM (#14557075)
Filtering out everything but the users you have established relationships with will just push you into a filter bubble echo chamber.
Re:The blockchain paradox: Why DLTs may do little to transfo... by MarkPNeyer on Thursday June 15, 2017 @12:18PM (#14561754)
There are mechansims (see 'soundness') which reward people on the edge between filter bubbles for combining those bubbles. Maintaining a soundness core means resolving disputes between bubbles.

My goal is to gradually expand filter bubbles, rather than try to pop them.

Re:The blockchain paradox: Why DLTs may do little to transfo... by rspeer on Thursday June 15, 2017 @02:41AM (#14558377)
After skimming the "respect" idea, I am convinced that echo chambers are the dominant strategy.

In fact, make a complete subgraph of order 9 or more of people who respect each other. That subgraph has order-N respect that goes to infinity for anyone who has any respect for any of its members, even transitively.