Silvio Micali's Algorand via Coindesk

[happybeing]

For reference, this came up in @Southside 's response to the following post where I mention sortition as a novel and ancient solution to concensus / governance:

MaidSafe blog -- The Power of the Crowd series

Much as the topic is close to my heart because of its importance, and the problems I see with current forms, I haven’t been able to follow this thread closely and so am not sure if this has been mentioned. Sortition is an ancient (Greeks again) way of avoiding some of the problems of both direct and representative democracies, but has been used in contemporary settings too so there is good evidence about it (if you were to look, I assume). See here: http://www.coopwatercooler.com/discussions//…