Read the entire Whitepaper.
Emerging technologies built from the block chain hashes (BitCoin) and public key encryption models don’t need to be restricted to financial tokens. In the same way that BitCoin, Etherium, etc. are forms of extra-national currencies, the technology could also be used for extra national organizations.
Could this be the future of voting?
Let’s consider “consensus” as an alignment between multiple actors toward a command understanding or goal.
Consensus as normally used implies deliberation with regard to differences and work on crafting a perspective that holds for all parties, rather than simply selecting one party’s dataset at random.
Will technology offer a logical model to replace command and control with true distributed logic?
A more accurate term for the algorithm would be “proof-of-luck” and for the process itself simply sameness, not consensus. If you start from a data-centric viewpoint, which naturally throws out the “experience” of all agents in favor of just one, it’s much harder to design them to engage in processes that actually have the real-world properties of consensus. If the constraint of keeping all nodes’ states the same were adopted consciously as a fit for a specific purpose, this would not be particularly problematic. Unfortunately the legacy of this data-centric viewpoint has been held mostly unconsciously and is adopted by more generalized distributed computing systems, for which the intent doesn’t specif- ically include the need to model “digital matter” with universally absolute location. While having the advantages of simplicity, it also immediately transfers to them the scalability issues, but worse, it makes it hard to take advantages inherent in agent-centric approach.