Social Contracts for Web3 Coordination
summary
Argues that reputation, not capital, scales coordination and governance, citing $4 billion per year spent securing Ethereum as evidence of capital costs and centralization. Describes a stack of identity, attestations and onchain reputation models, shows True Network issuing attestations and a usable protocol, and reports a working Ramen Network testnet. Gives concrete use cases—onchain tournaments, Sybil resistance, governance voting—and points to ETH India demos like Fanbase and Placeholder as working proof of concept.
AI-written summary · about
chapters (23)
- 0:00Introduction
- 0:42The Value of Reputation in Web3
- 1:15What Problem Does Web3 Solve?
- 2:22Perspectives on Blockchain: Credible Commitments & Trust
- 3:23Coordination Without Trust
- 4:28Capital-Based Alignment: Limitations
- 5:22The Cost of Capital in Blockchain Security
- 6:03Reputation as a New Primitive
- 7:05Implementing Reputation: Challenges & History
- 8:40Historical Reputation Systems: Akbar & Ashoka
- 9:07Why Blockchain Reputation Systems Can Succeed
- 9:26Credible Neutrality & Onchain Reputation
- 9:55True Network: Architecture & Attestations
- 10:49Identity, Credentials, and Reputation Models
- 11:41Social Contracts: Programming Reputation
- 12:42Formal Definition of Social Contracts
- 13:41Use Cases: Games, Governance, and Accountability
- 15:04Efficiency and Inclusivity of Reputation-Based Systems
- 15:51ETH India: Building the Reputation Narrative
- 16:14Example Projects: Fanbase & Placeholder
- 17:13Community, Testnet, and Future Vision
- 17:46Mission and Closing Remarks
- 18:08Conclusion & Call to Action
related talks
27mGrowing Open Networks in Web 3
22mStructure Without Capture
30mSocial Composability Design: How DAOs Can Leverage It for the Future of Work
37mEthereum Community and Values
52mThe Ethics of Web3
15mDoes a Crypto Network Exist Without a Community?
08mEthereum is Solarpunk ☀️
16mgm The Man, We're Forking You