What is Tauchain & How could it help decentralized blockchain communities reach consensus faster and with much greater levels of participation then previously imaginable?

Please pardon me as I jump onto this rabbit hole in search of a solution. The last two years I have been buying, selling, staking cryptocurrency, learning how to launch and maintain Masternodes and lastly interacted on a DPOS blockchain platform. I have also been studying decentralized finance, such as credit debt facilities like the MakerDao and to be honest these software constructs are very fascinating methods of improving the lives of human beings and creating more equitable forms of commerce, better access to sophisticated firms of investing and profit making. In truth I feel that decentralized finance is a yet unprecedented Ted for of equal opportunity capitalism which gives even poor individuals access to tools which generate wealth. These tools require study and patience to learn to use them correctly and effectively, but wealth can be generated by them.

But the very humans which these software programs are designed to help are the weakest link in the chain or the common point of failure.
For example, when you look at the MakerDao and look at the recent Bitcoin crash in March, 2020 where problems in a newly created and heavily leveraged Bitcoin futures market led to the liquidation of positions, the downward selling pressure dropped the price, which became a furious circle of price drops, leveraged loan positions liquidated, further selling, further downward price pressure drops price, further liquidations triggered, until Bitcoin shed 50% of its price. Meanwhile the humans watching were unable to rapidly process information about what was happening and reach a consensus decision. The humans spread all over the world were unable to process the information and review proposed solutions to act to stop the fiasco.

This drop in Bitcoin’s price dropped investor confidence in other altcoins and triggered a sale, which resulted in downward price pressure which triggered liquidations for leveraged investment products and once again the cycle of price drops, leveraged investment product liquidations, price drops and further triggered leverage investment product liquidations began. Once again on a wonderful doftware construct the MakerDao, the software dud its job, but the observing humans were unable to process the information and reach a consensus decision, so this resulted in much financial harm to investors. Once again the weak point in the chain or single point of failure was the humans involved in governance. They are scattered all over the globe, they have limited ability to process all the information about what’s happening and additionally limited ability to process all proposed solutions, so it took a month to make a decision about a problem which resulted in the loss of entire individual cryptocurrency fortunes.

If we look at the Tauchain project or Tau for short, we see possible solutions to the problem of governance in decentralized blockchain organization, where humans must review thousands and sometimes millions of bits of data. Something humans are rarely capable of, other then savants. So let’s look at first what Tau is and then discuss how it could help in decentralized blockchain community governance without taking over.

First, what is Tau?

Tau is a decentralized blockchain network intended to solve the bottlenecks inherent in large scale human communication and accelerate productivity in human collaboration using logic based Artificial Intelligence.
source

What problem does Tau attempt to solve?

Some of the main problems with collaborative decision making have to do with scales and limits that affect flow and processing of information.

All known methods of discussions so far suffer from very poor scaling. Twice more participants is rarely twice the information gain, and when the group is too big (even few dozens), twice more participants may even reduce the overall gain into half and below, not just to not improve it times two.

For example, we naturally consider the case in which everyone has a right to vote, but what about the case in which everyone has an equal right to propose what to vote over?

The promise of Tau is that machines could aide is increasing human information processing capability.

It turns out that under certain assumptions we can reach truly efficiently scaling discussions and information flow, where 10,000 people are actually 100 times more effective than 100 people, in terms of collaborative decision making and collaborative theory formation. But for this we'll need the aid of machines, and we'll also need to help them to help us.

Source: The New Tau by Ohad Asor
[source](The New Tau)

[Ohad Asor](Ohad Asor)

How would this work?

Currently, large scale discussions and collaborative efforts carried out directly between people are highly inefficient. To address this problem, we developed a paradigm which we call Human-Machine-Human communication: the core principle is that the users can not only interact with each other but also make their statements clear to their Tau client. Our paradigm enables Tau to deduce areas of consensus among its users in real time, allowing the network to boost communication by acting as an intermediary between humans. It does so by collecting the opinions and preferences its users wish to share and logically constructing opinions into a semantic knowledge base.

Indeed, Tau will offer a semantic social choice platform where we can discuss and store knowledge in a logical universe that helps us organize information, thereby empowering us in highly relevant ways.

The only price to pay in all of these is that we must speak in Tau-comprehensible languages, which can always be added and modified over time. A sophisticated language that can be defined over Tau may closely resemble natural languages, but it is really best to expect Tau as a machine-comprehensible language that only speaks in logic. Fortunately, logical formalism is something that we can easily deal with.
So it will be up to us to communicate with our local Tau client in a way that it'll understand our worldviews. When the machine understands what we share completely in some logical, mathematically-verifiable sense, it can then connect our dots with the rest of the Tau network, effectively boosting communications beyond the limits of human bandwidth, effectively scaling our points of discussion, consensus, and collaboration up to an infinite number of participants.

The Tau can take this function one step further:

Able to deduce consensus and understand discussions, Tau can automatically generate and execute code on consensus basis, through a process known as code synthesis. This will greatly accelerate knowledge production and expedite most large scale collaborative efforts we can imagine in today's world.

Second, how can the Tau help?

The Tau can be loaded as a database with all the guiding core beliefs and desires of the governance team The Tau can create a matrix of prioritized goals, methods, priorities and other human characteristics. Then once loaded with this information, the Tau can review thousands of proposed solutions and pick the best ones or ones based on their compatibility to the desired outcome and desired characteristics of the solution.

Lastly, the Tau can take this machine reached consensus and create software which implements this new consensus decision. This allows all humans involved in blockchain to have their proposed solutions objectively measures and selected on the basis of merit. This is not really artificial intelligence, but database processing power. So Tau could evaluate all proposed solutions, using a prioritized grid of acceptable actions and core concepts from each member of the governing body, compare all the proposed solutions and not only pick the best one, but also build the code to implement the change. Thus solution to the human weakest link problem, but includes all humans in the solution in a more fair manner then the usual committee meetings.

I hope I have explained it well.
@shortsegments

Sources
Cited above and credit to @kevinwong for his posts describing this entity.link

Also;

http://idni.org

The New Tau:
http://www.idni.org/blog/the-new-tau.html

Ohad Asor
http://www.idni.org/about/
https://pixabay.com/illustrations/binary-one-cyborg-cybernetics-1536651/

Title: What is Tauchain & How could it help decentralized blockchain communities reach consensus faster and with much greater levels of participation then previously imaginable?

Tags: #tau #tauchain #artificial-consensus #decentralization #governance