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The Truth is determined by the rich! Majority voting by token owners determines the facts. You just can't make up stuff like this. Curious how this will play o

• darawk 8y ago
  It's really not that simple. The 'rich' in this case are the owners of the most tokens on a given list. Those 'rich' are only rich insofar as those tokens have value. Those tokens have value only insofar as people want to be on that list. Which means, that the people with lots of tokens are incentivized to maintain a good quality list.
• yinyinwu 8y ago
  In many ways, a system where the wealthy control information is what we have today. You can influence elections with donations. Today, if a publication or data source posts information about you or your business, there is no means to correct this data. You can post about it on Twitter or email the service, and wait for a response. You can't just fix this information. With DIRT, we create a way for people to at least be part of the curation process. Different types of data require different governance models. Some datasets are not as critical to protect and could have a low token stake. For other pieces of information, you want every writer to have more skin in the game and thus have a high stake for writing. Our bet with building a protocol is to test what incentives will curate the best data.