That's the idea behind a new game launched by Kleros, an ethereum-based startup that raised $2.5 million in the first round of its crypto token sale in July.
While you might expect "Doges on Trial" to be much the same - just a fun activity to bring some lightheartedness to crypto - actually Kleros has much bigger, more serious use cases in mind for its decentralized dispute resolution protocol.
Spotting fake news, resolving disputes on gig economy and e-commerce platforms, and helping ratings platforms curate their lists are all within the scope of Kleros' mission.
Rather than building their own dispute resolution mechanisms Ast hopes projects will delegate that aspect to Kleros.
If the image is challenged - because it lacks a doge, is a duplicate, or contains a cat - it goes before a jury of three users, who have made a deposit of Kleros' PNK token.
The ultimate decision as to whether the picture below contains an illicit cat will be left up to Coopérative Kleros, the legal entity behind the platform's development.
If Kleros proves its mettle with Doges on Trial, Ast said, the platform could serve as an arbitration layer for swathes of the blockchain ecosystem.
"Our vision is to tell all of these guys, just focus on your platform, on your product, and just delegate arbitration to Kleros."
In March, the Kleros team said it would integrate the platform with Ink Protocol, a cryptocurrency payment and reputation system built on ethereum.
The decentralized prediction market Augur shares Kleros' goal of "Keeping people honest on the blockchain through game theory," according to Kleros crypto economics researcher William George, in a recent blog post.
Plz No Cat: The Future of Crypto Disputes Is Being Decided By Doges
Published on Aug 16, 2018
by Coindesk | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.