Description
We breakdown the recent Compound “governance attack”, including discussing whether “governance attack” is the right label for it or not; how it’s different from other attacks; and the broader trend of online vs offline governance attacks in general. We also discuss how to avoid, prevent, and respond to such governance attacks -- highlighting key differences between on-chain/ token-based/ digital voting systems vs. physical-world political systems around the world. What happens when you have activity from actors that the majority doesn’t necessarily agree with? How do you distinguish between good-faith and bad-faith activity, especially on-chain? And other such tricky questions?
On the premise and the promise of prediction markets, which hit the main stage with the most recent election -- what worked (and didn't) this time? We tease apart the hype from the reality of prediction markets, but also go more deeply into the how, why, and where these markets work; the design...
Published 11/22/24
What can you do when experts can't be trusted? Draw lots.
This episode examines the ancient practice of "sortition," which delegates decision-making power to random members of the public. Sometimes called "government by lottery," sortition is undergoing a revival today as tech companies (like...
Published 11/02/24