Revert currency

    From Consumerium development wiki R&D Wiki
    Revision as of 18:38, 17 February 2004 by 142.177.8.55 (talk)

    A revert currency attempts to quantify the reputation or contribution of Consumerium:contributors and "identify trouble-makers" who revert material that is valid, or write material that is invalid. It may limit ad hominem revert, as the reversion of valid text would show up as negative transaction as soon as it was restored. It may however reinforce a cabal, clique or sysop power structure ruled by same or by GodKing, who will ensure that the text does not return, valid or not. This is analogous to central bank currency controls in a global economy, which can disempower local cliques but strongly empower a global one (see writings of George Soros on this question).

    It seems however to be much preferable to hierarchy and authority schemes with no accountability, and no disincentive for sysop vandalism whatsoever.

    References: one of many proposals for a revert currency, by Ed Poor.

    A list of operationaltransactions required for such a market which would have to be made rigorous.

    More Wikipedia revert mechanics and some status quo issues, especially priveleged characters.

    Wikipedia faction and reverts, to consider how consumerium factions may help to manage the currency and reduce controversy.

    From all this however, it is not clear how a currency would encourage good edits, or if sysop vandalism would reduce. For instance, bad sysops can continue to do ad hominem revert and cause the currency of their enemies to go down, using their sysop power structure to reinforce itself but making it look as if they are censoring low-credibility people. More research is needed. Like real currency and credit systems, which are constantly manipulated in this way, by real power structure, lots of checks and balances are required.