One of the greatest challenges in building a decentralized solution through a blockchain platform is ensuring that it is a system of governance to manage, transact, maintain and scale the solution. A decentralized government would combine the openness of democracy with the merits of an information-based society. This includes the virtues of security, transparency, computation, prediction, strategy, attention, bandwidth, power, storage, distribution and scalability. This would be a completely new way to govern a society that is not controlled by a sovereign person, group, or corporation. A decentralized government would enable a new process for banking, voting, proposals and initiatives within government departments. The United States nation would be considered a decentralized network run on a Government Protocol.
Congressional committees create and organize our government, ultimately shaping our society. Committees must be organized according to rules. These rules may be defined in the form of algorithms within the Government Protocol, running code that adheres to policy. Committees would enable us as a society to cooperate, organize, and connect. Currency would build our network as a community and decentralization would enable cooperation and merit in a market with committed resources. This would be free of an authoritative leader, without an inflated representation of money. Blockchain would enable a merit-based, tamper-proof, open, voting system with advanced committees. As a society, we would select initiatives based on coins that transact on our behalf. Various blockchain committees within the government would demand different types of work, governed by a greater protocol with defined algorithms. Our government would secure its ledger, paying for, executing, and verifying computation.
The natural response is to create a government that is tasked with maintaining the core protocol, directly connected to people in a meaningful way. The Government Protocol should be designed to govern legislative processes, connected directly to the currency and designed to outlive the adoption and volatility of crypto markets. By mapping a network of nodes with specific requirements, each government committee can have operators who are invested in the future of the currency functioning with economic fluctuations. They act as stewards of the Government Protocol development and implementation.
Let’s say a decentralized management system is built for the protocol based on each node, including operations like voting methods. Each node would have operators who would not only be interested in the success of the government and the people as an economy, but also be considered stable because they protect their assets for any purpose like government proposals or initiatives. A portion of the future revenue for each node, say anything beyond 35%, would be held by the committee itself, in the operators name, to be executed for the development and expansion of decentralizing the government through voting of the nodes for different budget proposals. These funds would be directed to supporting development and promotion of government initiatives while operators would vote on specific projects to be funded, thus defining the direction the committee is taking, ultimately backed by the people of the United States nation through currency. This would be done in a completely transparent method where a public portal would exist displaying new initiatives and voting results.
Essentially, this network of committee nodes would be a completely decentralized system, powered by the influx of transactional currency, where budgets are set and paid directly from the blockchain. The blockchain that backs the government protocol would have core developers who gather blockchain contractors, where people work for and are directly compensated by the committee, through the decentralized votes of all node operators. An advantage of this model is that it can survive during early adoption of the technology in itself. Early node operators can set up new owners who can acquire the right to vote on budgets and proposals. This guarantees a working system, maintained by people who are voted into office each term, making the network capable of sustaining itself on its own, without dependencies.
The system would work as a decentralized voting mechanism setup in the technology, where budgets for initiatives are proposed and committee operators vote on them. If the proposal is passed, then it is added to the total budget and paid directly from the blockchain to the appropriate owners of the initiative, directly to the people doing the work. With this, we could pay core developers directly after the approval of the work as well. Votes would be propagated across the government, tallied, and run on specific instructions programmed into the protocol itself.
A well-defined decentralized system of governance allows to prevent, endure, and survive instances like potential government shutdowns. Progressive generations would have a clear way to support the government, defined by the protocol encompassed with historical data that would optimize techniques and the bond of trust established by committee nodes to effectively implement a decentralized government. This would establish incredible value for currency, allowing a more agile methodology within the government to flourish and to compete with other governments on a global scale.
As blockchain technology progresses and the Government Protocol scales, we would have strong teams of committees incentivized by blockchain rewards. This would create additional value to ensure work is done, improvements are made for a stable government, with faster implementations and ethical procedures. To ensure long term sustainability of the blockchain, the government would keep a portion of blockchain rewards and node operators would act as stewards to invest and incentivize the committee and the general public. This will result in faster development and promotion of a virtuous cycle that benefits everyone, from government operators, developers, miners, to the general public. More importantly, this ensures the blockchain that supports the Government Protocol has a self-preservation mechanism that is beyond the control of any individual, ensuring longevity and stability of the government. In addition, committee operators would establish social contracts with the government to act as caretakers and dedicate a portion of the rewards to furthering government improvements. This would have a ripple effect on all parties involved, especially the general public.
Node operators would have the ability to vote on any introductions to change, making the first distributed decision for the creation of a modified or new system, similar to how the Constitution was established. The approach of distributing rewards in a way that considers critical elements for long term viability like mining, nodal operation, and development, are done without changing or creating any additional inflation for the economy. The protocol would just distribute available resources in a way that is beneficial to everyone, proven to be successful with committee node operators. Budgets would be calculated by the government itself in a completely trustless method. If there is any misuse of funds, committee node operators would immediately be notified and vote against the budget. The protocol would calculate winning budgets so that unapproved budgets would be removed. Funded committees would be responsible for the initiative or the proposal, receiving funds directly and transparently from the blockchain while reporting on spent funds and keeping track of the end-to-end process, from progression to completion.
Any money that is left over in the budget would support proposals for transacting the currency into a government “savings” account managed by a specialized committee. This would enable the government to plan for the future and budget for larger initiatives, stopping any acts that result in wasting money. External foundations can also be funded through this method, allowing a completely decentralized funding environment to form fault tolerance, where the government is looking out for its best interest through committee nodes. Each committee would have a multi-signature wallet, paid from the blockchain and to make payments for exact amounts. Committees would be required to be completely transparent, posting progress and tracking statuses. In any discrepancies observed within a committee, the community will then inquire about the proposal or initiative, enabling the node operator to change their vote, dropping the budget. This would be a self-policing mechanism, backed by the public.
As the technology scales, blockchain contractors would significantly increase. At that point, Congressional leaders would be elected to manage larger decentralized initiatives. This allows Congress to stay actively involved in determining the future of the government itself. However, the future idea is that the blockchain would support itself regardless of the specific people involved, through a decentralized network that operates cohesively, adding value in a consistent way. Everyone would contribute equally and proportionately to the overall Government Protocol, enduring the benefits and the risks, without any privileges or loop-holes. This would be complemented by a voting mechanism to continuously vote based on practical matters, without dependencies.
The Government Protocol is a combination of continuous participation of the community through active voting and managed organizations who share the benefits and responsibilities of committee tasks. Blockchain would replace human fallacies by establishing a trust-less society through cryptography. Complex supply chains would be executed with far less cost and error. We envision a future where the government is transparent, verifiable for the common good, and free of shutdowns.
1 Comment
admin
This is great