DAC Economy
  • DAC Economy
  • Table of Contents
  • Introduction
  • Part I
    • Superpower is a curse
    • Scale-out vs. Scale-up
      • The Scale-out Path
      • The Scale-up Path
    • Blockchain Scalability
  • Part II
    • Economics vs. Economy
    • Chaos is a Ladder to Many Skills
      • Let's cure the economic digestive disorder
      • Entropy, Life and Blockchain
    • DAC Economy - The Metis Way
      • Trinity vs. Unity
      • Repurposing DAO to align the stars
    • To Adapt is to Innovate
  • Part III
    • DAC Gardeners Need Bees to Grow a Garden
      • Side-Effects
      • Bees At Your Service
    • Square Peg in a Round Hole
      • Trade-Offs and Compromises
      • Split Concerns Across DAC Dimensions
      • Dynamics of Decentralized Security (Safety)
    • Information is not a Time Machine
      • Arrow of Time and Embodiment of Value
      • Embodiment of Decentralized Incentive and Decentralized Identity
      • Token Engineering vs. Value Engineering
    • Metamorphoses of DAC Economy
      • The Metaverse vs. The Dacmos
      • Simulation Hypothesis vs. Decentralized Cosmogeny
      • Reputation, Oracles and Bridges
  • Epilogue
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  1. Part III

Metamorphoses of DAC Economy

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The goal of DAC economy is to achieve non-trivial complexity[19], that’s why we modeled DAC economy to mimic an ecosystem teeming with life – who else can compete with patterns of life for complexity? Maybe artificial life¹⁰⁵? Since the 20th century, the greatest hallmark of technology has been the capability of electronic-circuits based computing machinery to achieve life-like complexity. The holy grail of the electronic computing age is artificial intelligence¹⁰⁶. Consider that human intelligence is the outcome of millions of years of evolution and the bio- complexity of brain is still magnitude more complex than computer circuitry¹⁰⁷, we are probably not going to be able to reach human brain level artificial intelligence anytime soon¹⁰⁸. However, what we can do now is creating systems that include human actors (minds), and as a whole could have a semblance of artificial life or even collective sentience (consciousness + intelligence). Such system, as we imagine it, could be a form of DAC economy. Why DAC economy? Because DAC economy is a blockchain system that has adaptive liveness[18], a

(cont.)

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¹⁰³

¹⁰⁴

¹⁰⁵ See , and a .

¹⁰⁶ See , and .

¹⁰⁷ See , which is based on this; It is that by a decade (2020) the world’s total computing power will increase by 1000 fold – impressive, but not quite enough.

¹⁰⁸ See – this is a highly contested idea, with AI’s predicted arrival by . Nevertheless, since we don’t understand how singularity is just hyperbole.

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(cont.)

human-machine system that is self-contained, self-governed, and most importantly, self-sustained.

In the blockchain realm, complexity of life takes the form of algorithms, programs and applications. As mentioned in earlier discussion, we can take a page from software engineering[20] to manage complexity – by replicating structures through increasing levels of abstraction – a dimensional approach. Patterns can be expanded by multiplying additional parameters (such as templating¹⁰⁹ or OOP[20]) or even other patterns (such as functional programming¹¹⁰) – it is called metaprogramming¹¹¹ in software engineering parlance. In this section we are interested in building meta-patterns with fundamental blockchain mechanisms and decentralization devices we developed for DAC[35]. These meta-patterns are different forms of DAC economy – they all spawn from metamorphoses of DAC economy.

When cells need to quickly acquire a new metabolic trait to survive, their best option may be to borrow one from other organisms.
The Debanked.
Artificial Life
deeper dive survey
Artificial intelligence
Philosophical AI (Artificial Intelligence)
World’s total CPU power: one human brain
Apr 2011 paper
extrapolated
Technological singularity
human brain level
2060
brain and human mind function,