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EOS Community Governance Proposal Draft

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@ervin-lemark
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Meanwhile, over at EOSCommunity.org Dan Larimer posted the EOS Community Governance Proposal Draft

First, I checked to see whether Dan has posted it here too - @dan. He didn't.

Second, this proposal is based on his fair election pyramid (the term is mine) idea which he published before the last US elections show.

Dan's term is Authority Hierarchy and it goes like this:

Every election starts by randomly assigning members to groups of 10. Each group of 10 must reach an 8 of 10 agreement on who represents their group. This would represent a Level 1 elected official. All Level 1 officials are then randomly assigned to groups of 10 which must reach 8 of 10 agreement on someone to represent the group, this represents a Level 2 member. If 8 of 10 agreement is not achieved then no official is elected from that group. This process is repeated until there are less than 10.

The final group of representatives (of size less than 10) will consist of 1 person with 2/3+1 approval (the president) and 2 people randomly selected from the top group (co-vice presidents). This will create 3 people who collectively form the root of the governance authority (a triumvirate).

Any action taken by the Triumvirate must be approved by the president and at least one of the vice presidents.

This is interesting in its own right.

Yet, the next step, Allocating Funds puts the meat into the structure:

Given a community budget of $10 million dollars per year (or about 0.25% of EOS inflation) this is how the authority of the funds would be distributed:

50% of the community funds are allocated by 2/3 agreement of the triumvirate. 50% of the community funds are evenly divided as “budget” among the next lower level groups.

For each group that is awarded a budget:

50% of the budget is controlled by the elected representative of the group in combination with any other member of their group.

50% of the budget is divided among the groups below.

This process is repeated until their Level 1 representative gets full control of the budget for his group.

Again, interesting and intriguing. It's Dan's way of thinking and this would be a perfect technocracy, wouldn't it be?

By the way, here's Dan's book “More Equal Animals - The subtle art of true democracy” It's free to read.


What say you?

I withhold my commentary for now not to influence you. I did vote on the proposal ...


Better and better

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