Reputation

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31 Jan 2016

The Sovereign Accountable Commons

in Commons, Commonwealth, Currencies, Distributed Systems, Mutual Sovereignty, Reputation, Sovereingty

[This is an abstract outlining some stuff we need to write up about the Sovereign Accountable Commons as a pattern enabled by Ceptr. I wrote this up to submit to for a book about Decentralizing the Commons via the P2P Foundation site.]

The Sovereign Accountable Commons (SAC) is akin to Decentralized Autonomous Organizations on the blockchain but they leverage a different distributed architecture, Ceptr. Ceptr is a new technology platform for building Distributed Apps and for enhancing collective intelligence in the process of being released by the MetaCurrency project in early 2016.

Sovereign:

An SAC runs as a collectively distributed application. As long as at least one person wants to run it, it can't be shut down. Two or nodes running it make it a collective. It's algorithms set availability and redundancy based on size and scale of the network.

Everybody in a group is an equal peer, subject to the same rules, processes, and procedures, because everybody is running a copy of the same instruction set. This “code as law” applies to holding of assets, management of assets, interactions, transactions, governance, releasing new versions of “code as law,” and every aspect of ongoing operation of the SAC.

03 Dec 2015

Variable Rates of Change Integration

in Ceptr, Currencies, Evolution, Reputation

The suggested 3-tier approachEric HB sent me an email asking how I think Ceptr and the ecosystem we're trying to build around it fits with what is depicted in this blog post.  I'm posting my reply.  And frankly, I wish I'd remember to capture content like this when I write about things in email or other random places so I can start to collect this information somewhere where it's shareable.

 


 
I think of the collaborative ecosystem we're intending to build around Ceptr as being a kind of community of practice (Remember stones/tumbles/gems which kind of map to his three tiers?).  We can have a pre-frontier space for exploration and discussing ideas / needs / requirements / innovations / bounties. Some of those discussions turn into initiatives with teams working on building something which eventually gets published/released into the compository.
 
Published receptors in the compository are sort of the pioneers frontier... although not their raw development or testing environment, because it needs to get triangulated in by a code reviewer and you and the reviewer have reputation riding on whether it works / does what it says it does.

18 Mar 2015

Draft Proposal for a Currency Commons

in Commons, Community, Community of Practice, Currencies, Reputation

Blog Post Preface

Stones-Tumbles-GemsI originally wrote this in 2004 but only recently realized it wasn't available anywhere onlne. I shared this document with the community of currency practitioners that attended the June 2004 Local Currencies Conference at Bard College organized by the E.F. Schumacher Society. It was well received, but there was not enough unity or energy to follow up, so nothing came of it. But it was the original design of the application of Stones/Tumbles/Gems for a Community of Practice.

It's a little funny to read this now. My initial exposure to the complementary currency community was very commercial: people patenting their designs, algorithms and processes and wanting to charge others for doing things like accounting in two currencies. It looked to me like this industrial age strategy of competing with each other and marking off intellectual property would seriously cripple any ability for a movement to grow. Luckily, it turned out that more people in this space were closer to social activists, than corporate patent lawyers, so collaboration did occur. 

However, I still have hopes of creating a community of practice for currency designers. My current orientation would be less commercially oriented than the following proposal. A bit more like a guild... designed to pass sophisticated and arcane knowledge along to future generations of practioners.  But the original proposal should also be out there just for the record. :) 

15 Nov 2014

Reputation is Orthogonal to Exchange

in Currencies, Currency Design, Exchange, Gift Economies, Reputation

It feels like it's been a long time since I've posted about any of the principles of currency design that I've discovered in designing, building and launching currencies over the past 10 – 20 years.

This one seems worth specific mention, since it seems like such a frighteningly common mistake that everyone makes as they start to break out of the old school money model just a little bit.

It's tempting to blame Cory Doctorow's Down and Out in the Magic Kingdom for setting this precedent in his depiction of Whuffie. I appreciate that he was at least creating a post-scarcity / post-monetary vision. But I don't think he started this problem, it’s just that many people fall prey to the same pattern of thinking because it's like the money we know.

Here’s the crux of it. Reputation currencies do NOT operate the same way as monetary currencies. Period.