Democracy, AI and Quadratic Staking with Idena community members
25 August 2022
46 mins 56 secs
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About this Episode
This episode of the #citizenweb3 podcast features Travis (TravCrypto) & LTraveler, community members of Idena, the first Proof-of-Person blockchain based on democratic principles with equal voting powers. The project strives to perform such ideas as democratic governance, freedom of speech, universal basic income and attention economy. Idena is designed to be human-centered and community-based.
Any person can become an Idena validator, no matter who they are and where they live and what machine they work on. To start mining Idena, you need to prove that you are a unique human being by completing validation ceremonies.
We spoke to Travis (TravCrypto) and LTraveler about Idena and:
- Meeting with Idena community
- How to become validator of Idena
- Humans not AI
- Stages of qualifications
- Why only humans?
- Consensus mechanism
- Hacking the system
- Ways of protection against AI, bots and etc
- Mining
- Proof-of-Work
- Proof-of-Stake
- Plutocracy
- Community issues
- Quadratic staking
- Decentralized advertisement
- iDNA stakes
- Oracles
- Controversial team decisions
- Idena chronicles
- Democracy in action
- Motivation
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