hardwax

3 ms·

1. 1.▲
   by hardwax 6y ago

   A decentralized identity system that works will be a very significant component to the dweb stack. But people that have experience building decentralized protocols will tell you that it's a very hard problem to solve, for many reason
2. 2.▲
   by hardwax 6y ago

   "working on it" vs "works today"...
3. 3.▲
   by hardwax 6y ago

   You have a pool of funds as well as a number of donors that donate to a set of projects. The pool of funds is then allocated based on the unique donors each project had. The math is quite interesting, but unfortunately it assumes identity i
4. 4.▲
   by hardwax 6y ago

   Noone has solved identity in decentralized systems. Quadratic funding allocates a pool of funds based on the number of unique donors a project has. The proposed solution will exclude a very significant portion of potential contributors. Vit
5. 5.▲
   by hardwax 6y ago

   It's quite disappointing that Vitalik keeps pushing something that fundamentally doesn't work in a decentralized setting. The proposed mechanism "assumes" identity, otherwise the mechanism is gamed easily. Which is what