On-chain Governance: the Future is Futarchy

on YouTube ↗01h 33m

" summary

Argues that governance should be decided by measurable outcomes rather than rhetoric, testing proposals with prediction markets and conditional bets, funded by on‑protocol inflation funding and enforced via staking or bond purchases. Implements oracles, token‑weighted voting and delegated voting as tools; cites The DAO rollback as a real hard‑fork rescue and notes the Ethereum carbon vote drew a tiny fraction (effectively one voter). Promises a Polaris‑style implementation and says SegWit/Constaninople episodes show what works and what breaks.

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" chapters (12)

1. 0:00Decentralized governance intro
2. 10:06Inflation funding & protocol governance
3. 16:11Bitcoin governance & hard forks
4. 22:18Ethereum foundation governance
5. 30:04Token-weighted voting pitfalls
6. 34:54Liquid democracy & representative voting
7. 43:22Futarchy & prediction markets
8. 53:18Prediction markets vs voting
9. 1:03:00Base-layer protocol governance
10. 1:12:05Bias in market governance
11. 1:20:08Accountability in futarchy
12. 1:29:23Q&A