Editing
Forum
(section)
Jump to navigation
Jump to search
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Review of REP === The Forum is a growing database, holding the set of all posts with references. Each post is validated and has a variable reputational value, depending on how important the contribution is to the DAO. All the REP token holdings in the DAO can be read from the Forum. The references from one post to another shares REP value if it is a positive reference, or leaches REP value if the reference is negative. Thus, the Forum allows a DAO to change the REP holdings of older accounts (posts) by making new posts with new references. In other words, the Forum's reference structure allows a DAO to revise its history. Under DGF a DAO can correct past mistakes by either donating new REP to a deserving member, or slashing REP from a [[wikipedia:Byzantine_fault|Byzantine]] member who violated a principle in the past while avoiding the automated protocols. In this way, DGF solves the dilemma of punishing those who game the system, while still respecting the Web3 principle of "code is law". The ability to revise its history is what gives the DAO the power of [[judicial governance]]. This ability of the system to observe itself and adjust its past gives it the ability to evolve structurally. Parameters in the DAO's smart contracts can be tuned in response to the changing market, through [[legislative governance]]. Legislative governance can change the smart contracts themselves by posting new proposals in the Forum. The REP-weighted Forum posts, which have foundational meaning through the REP salary, gives the DAO the incentive structure to continually improve.
Summary:
Please note that all contributions to DAO Governance Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
DAO Governance Wiki:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Navigation menu
Personal tools
Not logged in
Talk
Contributions
Create account
Log in
Namespaces
Page
Discussion
English
Views
Read
Edit
Edit source
View history
More
Search
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Tools
What links here
Related changes
Special pages
Page information