Decentralization Against Isolation by E. Glen Weyl (Devcon4)

Wed, Oct 2, 2019, 12:00 AM

Visit the https://archive.devcon.org/ to gain access to the entire library of Devcon talks with the ease of filtering, playlists, personalized suggestions, decentralized access on IPFS and more. https://archive.devcon.org/archive/watch/4/decentralization-against-isolation We propose a design for philanthropic or publicly-funded seeding to allow (near) optimal provision of a decentralized, self-organizing ecosystem of public goods. The concept extends ideas from Quadratic Voting to a funding mechanism for endogenous community formation. Individuals make public goods contributions to projects of value to them. The amount received by the project is (proportional to) twice the square of the sum of the square roots of contributions received. Under the “standard model” this yields first best public goods provision and some modest modifications can make it fairly robust against collusive or altruistic deviations from that model.  We discuss applications to campaign finance, development ecosystems, news media finance and, more broadly, implications for the liberal-communitarian debate. Speaker(s): E. Glen Weyl Skill level: Beginner Track: Society and Systems Keywords: philanthropy, charity Follow us: https://twitter.com/efdevcon, https://twitter.com/ethereum Learn more about devcon: https://www.devcon.org/ Learn more about ethereum: https://ethereum.org/ Devcon is the Ethereum conference for developers, researchers, thinkers, and makers. Devcon 4 was held in Prague, Czech Republic on Oct 30 - Nov 2, 2018. Devcon is organized and presented by the Ethereum Foundation, with the support of our sponsors. To find out more, please visit https://ethereum.foundation/