Context : AlternativesToCompanies, VirtualNations

Software platform that uses BitCoin-like BlockChain to manage distributed knowledge.

Could, in theory provide distributed contracts that would allow corporations to exist independent of government regulation. Could therefore counter my argument that Capitalism needs government. OnLibertarianism


A VinayGupta talk ... he's currently working with Etherium.

Criticism :

  • No one needs Turing Complete smart-contracts :
    • the requirement (trustably decentral computation) doesn't justify the extra overhead (ie. extra processing on all the nodes)
    • meanwhile it can't be fully trustworthy because you rely on oracles which can in principle be bribed by other smart-contracts.

Added 2017-11-11 :