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Author Topic: [ANN] CryptoTown On The Ground - Open community project  (Read 2742 times)
papersheepdog (OP)
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July 26, 2014, 02:47:11 AM
 #21

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CryptoTown Explained - Goals, Roles and Advantages

Please also see the Reddit post for further discussion and updated post.

CryptoTown On The Ground

Project Goals

I have added the following introductory paragraph: Blockchain based consensus will help to bring about a better balance between extreme centralization (hierarchies), and extreme decentralization (anarchy). It will allow us to more intelligently and transparently structure or replace certain components of government, business and other social functions like currency. A major advantage of blockchain based consensus is that it can leave no opportunities for our natural behaviour to exploit. Bitcoin is the first proof, that voluntarily participation in such a cryptographically pre-structured rule set, is possible. This is important, because if we are going to accept a system as a society, it should be transparent, for the ultimate health of that system.

I also acknowledged a major facet of the project which is all the other ways blockchain technology can improve society. CryptoTown On The Ground is not just about cryptocurrency, though it is a logical first step for adoption.

Also keep in mind, some of this stuff may seem obvious to you but it's intended to be a project of greater participation and not just for the crypto crowd.

papersheepdog, Canada

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