Infinity Ledger and Value Accounting in Open Source - Revision history

Marcin: /* Possible Solutions to Gaming */

2020-04-21T21:12:05Z

Possible Solutions to Gaming

← Older revision		Revision as of 21:12, 21 April 2020
Line 12:		Line 12:

	==Possible Solutions to Gaming==		==Possible Solutions to Gaming==
	*Make the reward fake, such as via implementing a cryptocurrency. This provides at least partial decoupling of logging from financial incentive.		*Make the reward less tangible (ie fake), such as via implementing a cryptocurrency. This provides at least partial decoupling of logging from financial incentive. Complex topic.

Marcin at 21:11, 21 April 2020

2020-04-21T21:11:04Z

← Older revision		Revision as of 21:11, 21 April 2020
Line 10:		Line 10:

	I think logging is great for quantification, except for quantification of monetary value. Is Infinity Ledger aimed at determining monetary gains of participants? What is your proposed process for implementation?		I think logging is great for quantification, except for quantification of monetary value. Is Infinity Ledger aimed at determining monetary gains of participants? What is your proposed process for implementation?

			==Possible Solutions to Gaming==
			*Make the reward fake, such as via implementing a cryptocurrency. This provides at least partial decoupling of logging from financial incentive.

Marcin at 21:09, 21 April 2020

2020-04-21T21:09:00Z

← Older revision		Revision as of 21:09, 21 April 2020
Line 5:		Line 5:
	MJ Sez - While I like to log effort (see top of [[MJ Log]]), I am skeptical of time-accounting-for-value-determination schemes in general for 3 reasons:		MJ Sez - While I like to log effort (see top of [[MJ Log]]), I am skeptical of time-accounting-for-value-determination schemes in general for 3 reasons:

	1. Gaming the system - this is a parasitic loss. How do you address this in Infinity Ledger?		#Gaming the system - this is a parasitic loss. How do you address this in Infinity Ledger? Unless time logging is decoupled from monetary returns, lime logging will have a tendency for gaming via extrinsic motivation. The only feasible solutions to this are abundance and full human integration - we are not there yet in 2020.
	2. Strategic component - some work may produce $1 per hour revenue, other work may produce $1000/hr revenue, depending on how strategic or monetary-value-generating a specific activity is. How is this addressed in your system?		#Strategic component - some work may produce $1 per hour revenue, other work may produce $1000/hr revenue, depending on how strategic or monetary-value-generating a specific activity is. How is this addressed in your system?
	3. You cannot tell how strategic any work is because, fundamentally, we can't predict the future. Leading to unfair distribution of value. How is this addressed in Infinity Ledger?		#You cannot tell how strategic any work is because, fundamentally, we can't predict the future. Leading to unfair distribution of value. How is this addressed in Infinity Ledger?

	I think logging is great for quantification, except for quantification of monetary value. Is Infinity Ledger aimed at determining monetary gains of participants? What is your proposed process for implementation?		I think logging is great for quantification, except for quantification of monetary value. Is Infinity Ledger aimed at determining monetary gains of participants? What is your proposed process for implementation?

Marcin: Created page with "=Tue Apr 21, 2020= Infinity Ledger by Mindey - https://www.youtube.com/watch?v=GLdPmZAYiXM&feature=youtu.be MJ Sez - While I like to log effort (see top of MJ Log), I am..."

2020-04-21T21:07:16Z

Created page with "=Tue Apr 21, 2020= Infinity Ledger by Mindey - https://www.youtube.com/watch?v=GLdPmZAYiXM&feature=youtu.be MJ Sez - While I like to log effort (see top of MJ Log), I am..."

New page

=Tue Apr 21, 2020=

Infinity Ledger by Mindey - https://www.youtube.com/watch?v=GLdPmZAYiXM&feature=youtu.be

MJ Sez - While I like to log effort (see top of [[MJ Log]]), I am skeptical of time-accounting-for-value-determination schemes in general for 3 reasons:

1. Gaming the system - this is a parasitic loss. How do you address this in Infinity Ledger?
2. Strategic component - some work may produce $1 per hour revenue, other work may produce $1000/hr revenue, depending on how strategic or monetary-value-generating a specific activity is. How is this addressed in your system?
3. You cannot tell how strategic any work is because, fundamentally, we can't predict the future. Leading to unfair distribution of value. How is this addressed in Infinity Ledger?

I think logging is great for quantification, except for quantification of monetary value. Is Infinity Ledger aimed at determining monetary gains of participants? What is your proposed process for implementation?