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santisiri committed Jan 15, 2020
1 parent d08b919 commit fd17c58b8f4a59e6b9286a901ca00f71a2a920cb
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  1. 0 DEF-00001.mediawiki → DEF-2017.mediawiki
  2. +1 −1 README.mediawiki
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@@ -28,7 +28,7 @@ We propose a credential mechanism based on a principle described by Edward Snowd

Replica inverts the focus taken by traditional verification mechanisms: it assumes by default that all addresses on chain are replicas and entirely not human; having that as a starting ground, it computes metrics that point towards increased uniqueness, drawing from the intersection of DAOs in which any given address is a member, as well as their relative presence in the social graph of blockchain-based transactions. A successful implementation of the Replica algorithm will prove hard for any living person to demonstrate she holds the private keys to a collection of public addresses that will add up to a score over 1.00, signaling she is 100% human.

Finally, Replica addresses the question of "Who verifies the verifier?" by creating an intersubjective space that feeds from a subjective function with participants voting on the legitimacy of indexed DAOs using quadratic governance methods, and an objective function that applies the Gini Coefficient to measure the egalitarian allocation of economic rights within a DAO existing on the blockchain. Replica is designed to enable the implementation of a social layer built on top of distributed ledgers that can deploy borderless democracies, Universal Basic Income mechanisms and credit scores, without the need to sacrifice privacy and using social markers that incentivize participation on the blockchain economy to earn rights.
Finally, Replica addresses the question of "Who verifies the verifier?" by creating an intersubjective space that feeds from a subjective function with participants voting on the legitimacy of indexed DAOs using [https://en.wikipedia.org/wiki/Quadratic_voting quadratic governance methods], and an objective function that applies a [Gini Coefficient https://en.wikipedia.org/wiki/Gini_coefficient] to measure the egalitarian allocation of economic rights within a DAO on the blockchain. Replica is designed to enable the implementation of a social layer built on top of distributed ledgers that can deploy borderless democracies, Universal Basic Income mechanisms and credit scores, without the need to sacrifice privacy and using social markers that incentivize participation on the blockchain economy to earn rights.

<div id="Introduction"></div>

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