From 022d794d5fa6cc9d973b35273f12a865ee8987e5 Mon Sep 17 00:00:00 2001 From: "reaction.la" Date: Fri, 3 Nov 2023 23:18:34 +0000 Subject: [PATCH] Corrected origins of modern capitalism --- docs/manifesto/social_networking.md | 9 +++++++-- 1 file changed, 7 insertions(+), 2 deletions(-) diff --git a/docs/manifesto/social_networking.md b/docs/manifesto/social_networking.md index 173012c..e6f0ea2 100644 --- a/docs/manifesto/social_networking.md +++ b/docs/manifesto/social_networking.md @@ -1261,8 +1261,8 @@ An enterprise is not a physical thing. It is not buildings and machines and all that. It is a thirteenth century accounting fiction that fourteenth century businessmen imagined into reality, in that the group of people the accounting fiction represented acted as -one person in reality. In the seventeenth century -Charles the Second created modern capitalism, by merging this accounting +one person in reality. In the seventeenth century the Dutch and +Charles the Second created modern corporate capitalism, by merging this accounting fiction with the Roman legal fiction of the corporation, to create the publicly traded joint stock limited liability for profit corporation. We now, however have postmodern capitalism, in that a multitude of "stakeholders" @@ -1380,6 +1380,11 @@ a vast preimage, a part so small that it fits in single network packet, but part of a preimage so vast that no one possesses all of it, that no one could possess all of it, was part of the data from which that hash was generated. +And, associated with the current root of the merkle dag will be a +recursive snark that proves that someone verified a proof that +each path through the dag conformed to the requirements for that path -- +even if these requirements are known to very few people. + The mainchain is a Merkle dag, structured in a way that makes it possible to give a single total order for the gossip vertexes of which it is composed, and every gossip vertex in the dag is a Merkle tree that reflects, among