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Legendary scientist and cryptography pioneer Ralph Merkle joined us to discuss his recent paper on DAOs. Merkle examined how the voting mechanisms in today’s democracies are flawed and how a decentralized, transparent DAO making decisions using prediction markets could create more efficient democratic systems.
Topics covered in this episode:
Merkle proofs, Merkle Roots and his early forays into cryptographyBlockchains as living organismsWhy DAOs will be subject to a Darwinian evolutionary processWhy voting is flawed and we need new governance methods to save democracyThe concept of a DAO democracyHow prediction markets and futarchy would help govern a DAO democracy Episode links:
Ralph Merkle DAO Democracy Paper [PDF] Ralph Merkle's Homepage Ralph Merkle's Wikipedia page Episode 98 with Robin Hanson on futarchy & prediction markets Tim Urban: Why Cryonics Makes Sense Alcor - Life Extension Foundation This episode was hosted by Brian Fabian Crain & Meher Roy, and is availble on YouTube, SoundCloud, and our website.
