Editing Block producer DAO (section)

=== Availability Smart Contract ===

==== Pseudonymous REP tied together without KYC ====
One important aspect of this implementation of DGF is that a block producer's REP can be tied together without exposing the owner of the wallet holding the REP. The REP used to run the automated block production client software grows automatically as they participate in block production and policing. The REP encumbered in the ASC can be tied to the REP gained by minting blocks when their ASC is selected. If it is ever necessary to slash a block producer's REP, then all of the REP they've used can be slashed without revealing the block producer's identity.

==== More stable selection ====
Improvements to the automated selection process can be made to select REP in a more equitable manner. The lottery process of selecting members according to power, statistically will maintain power ratios if all members are continually encumbering all their REP in ASCs. Larger wallets of REP will always remain larger if the owner continually runs the block production software, and the effect is linear (stochastic process argument). However, we can incentivize homogeneity between wallets if we implement a more complicated selection process of remembering which REP was selected: REP that has been selected for block production is not selected again until the entire list of active ASCs are selected. This encourages sock puppets, but that effect is mollified by tying together REP as in the previous subsection.