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RE: Project Funding - The makings of a decentralized society

in #cryptocurrency7 years ago

Interesting, just brainstorming...

pick 10 of your top members
split the keys and passwords into 10 pieces
give them each 1/10 of the information
depending on trust levels all 10 could know the proper order
or you could have 3 others members that know "these are people 1-3/3-6/6-9" and a 4th members that knows who number 10 is
Else no one knows who the top 10 are not even the 10
and some sort of time released document is released, in a 1 year or so

to protect against the top 10 being compromised you could have them pick 2 or 3 people they trust in the community and tell each of them 1/2 or 1/3 of the keys and report back the people so everyone could be listed in the time document

you could even create a system where each member that now has 1 character makes a post or alters their steemit header to include the character so they could never hide the information, you would also have everyone else in the community do the same thing so the exact people and characters are unknown except to the very top circle and a time released document (this document would have to have some people hidden since the keys are publicly available if the order/members are established)

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If we were just dealing with wallets and keys this would be an amazing idea. In fact i have been thinking about it over and over since I read this comment yesterday. Unfortunately 95% of our coins are actively being traded. We do have a few people who trade for us so the coins are broken up among a few people and accounts - thus no one person controls it all - but overall as most are being actively traded - its a tricky situation. Also I am not so sure that would work for the $1 million USD we have over in the ADSactly steemit account. But this definitely gives me idea's and things to think about and discuss with our founders.