I do not understand what you mean? What is wrong with "friction-less"? I thought it implied a non-existent barrier to entry for the Bypass system.

Edit: Is that all that you have to say about the proposal?

I see that gaining exposure for this project is going to be an issue. Particularly because there is no direct or obvious get-rich-quick aspect to it.

Update: I am investigating the possibility of implementing Bypass as an application layer within the Nxt system (using their arbitrary messaging system), much like Mastercoin living on top of the Bitcoin system.

Hello Nxt Community,

I have been studying this Nxt project as much as I can lately and there is certainly a lot to learn. It's all a bit overwhelming. I am trying to get some momentum behind a project that I have recently launched called Bypass - https://bitcointalk.org/index.php?topic=423585 - and I think Nxt and Bypass could co-exist and help each other. Let me explain.

I had gone through 3 different thought processes of implementation:

[1] Start a new system from scratch
[2] Base the Bypass system on Bitcoin or Nxt
...and finally...
[3] Implement Bypass on top of Nxt (like how Mastercoin or Counterparty live on top of Bitcoin)

To do this, I need more information about the arbitrary messaging system (specs, concrete imformation about the arbitrary message contest?, etc.). And any information that anyone has about implementing a Distributed Autonomous Corporation (DAC) or DAC-like sub-systems within the Nxt system would be much appreciated.

If anyone could assist me or direct me to members of this community who might be able to hold discussions with me that would be appreciated.

Thanks,
Perry

Too Long, Didn't Read

I propose we implement a Decentralised Direct Democracy within the Nxt system. This project could bypass conventional governmental institutions globally.

The following might be of interest to some individuals in this thread:

Project Bypass: Decentralised Direct Democracy

https://bitcointalk.org/index.php?topic=423585

The following might be of interest to some individuals in this thread:

Project Bypass: Decentralised Direct Democracy

https://bitcointalk.org/index.php?topic=423585

Perhaps a MOD could add this to the Announcements sub-forum?

I've been doing some more research on the NXT system and it seems that there are already people there discussing a lot of interesting features. It might be a very good base for the Bypass system. I have much more research to do. I have started working on the Bypass Whitepaper, but I would prefer if it were a community effort.

Any and all input is greatly appreciated.

Thank you. Hopefully we can get a critical mass of people interested in Bypass to get some momentum behind this project.

Here is a suggestion of how to proceed - https://bitcointalk.org/index.php?topic=423585.0. You're input would be greatly appreciated and respected. Feel free to ask me any questions.

I will attempt to stimulate discussion here.

Is there are particular cryptocurrency that should inspire the Bypass code? There are very few options when you look at it. Bitcoin and NXT are the two options that I see. NXT seems to already have an in-built voting system. And it seems to be a lighter system than Bitcoin.

I am a software developer by the way, but I am very very slow at development.

This is an announcement for a first-of-it's-kind trust-less decentralized governance system - Bypass.

Systems related to this concept have been proposed and discussed before (see "E-Democracy" and "Open-Source Governance") but have failed to gain traction, largely due to poor implementation - centralization, only partial implementation, little incentive for users to participate etc.

This is not a cryptocurrency in the traditional sense. It is more like a socio-political-economic system. The Bypass tokens (coins) in this system will have no inherent value (see technological points below). Consequently there is no inherent rush with developing this system (often associated with a pump-and-dump cryptocurrency). Bypass tokens should be treated as a raw material which everyone is free to use.

Mission Statement:


As such, the mission statement calls for not only the successful implementation of the system but also the exposure of it to the world at large (particularly to those who would be most interested in it and excited by it).

Key Technological Points:

[1] Arbitrary amounts of colorless/standard Bypass tokens (BPT) can be generated at will by each user.
[2] Bypass tokens can only achieve a value by applying colors to them.
[3] There is no monetary block reward or transaction fee award given to those securing the network.
[4] A Decentralised Exchange on which to trade the valuable colored Bypass tokens.
[5] Decentralised Autonomous Communities (DACs) are critical to the system. The following DACs will be required:
(i) DACs to process and validate user identities (in situations where 1 person = 1 vote).
(ii) DACs to escrow the items which back colored coins.
(iii) DACs to operate open forums of discussion and learning.
(iv) DACs that store and analyze data - such as the data from a real-time continuously updated census of it's community members to facilitate better (optimal?) planning.
(v) DACs which can verify different forms of contribution to the network/community/society by users (and possibly to reward them accordingly if that is deemed to be useful).

These points ensure that there is no barrier for entry for anyone to participate in the Bypass system. This creates an entirely friction-less system. Arguably it means that there is no incentive to secure the network or to even develop the network. Admittedly there may be no obvious direct gain, but tell that to the people who support the countless distributed computing projects (BOINC, GIMPS, F@H etc.) and to the countless people who develop important open-source software and hardware projects (Mozilla Firefox, Linux etc.).

TODO:

[1] Engage with the community here to discuss the technological feasibility of such a system.
[2] Develop a white paper and specification for the system. Again with community input.
[3] Gather a team of developers who are passionate about this project.
[4] Gather a team of marketers, ideally with a knowledge of and interest in politics.

Now please join me in discussing the potential merits that this project has and the challenges that it is likely to face. Ultimately this is an experiment. Please treat it as such.

Let's see if we can't effect real change and Bypass the institutions that have not aged-gracefully and are currently stifling innovation, prosperity and abundance across the globe.

I will keep this original post updated with key points as the discussion develops. (I have slightly rushed the announcement of this project because I saw that this thread required some ideas - https://bitcointalk.org/index.php?topic=420451.0).

Project Theme Song: Hans Zimmer & Lisa Gerrard, Now We Are Free - http://www.youtube.com/watch?v=Owg-NaUoHHo

Good day citizens,

General Pericles here to spearhead a new Athenian Democracy 2500 years after the original one, but based on Bitcoin's trust-less decentralized system technologies. This ancient forum shall be most useful.

Thanks,
Perry