TGR.Finance
  • TheGreatReset.Finance
  • Page
  • Beginner Tutorials
    • How To make A Fantom Wallet
    • How To Get Fantom
    • How To Buy MOTHRA
    • How To Farm/Add Liquidity On Cyberswap
    • How To Get Started On Multivac
    • How To Play Incognition
    • How To Verify Jobs On The Agency
    • How To Earn MOTHRA
    • How To Post Jobs on the Agency
    • Bridge Tokens To Fantom
  • Tokenomics
    • The Great Reset (TGR)
    • Hertz (HTZ)
    • √ (√)
  • Dapps
    • Cyberswap
    • Market of Zion
    • The Agency
    • √ Starter
    • Communities
  • NFTs/Lore
    • Incognition (Trading Cards)
    • Canon Characters
    • Social/Culture
      • Factions
      • Economy/Class
      • United Government
      • Other Organizations
    • Technology
      • Cybernetics
        • Handy
        • E-HUD
        • Replacement Limbs
        • Miscellaneous
      • Cyberspace
      • Security
      • Vehicles
      • Weapons
    • World
      • Regions and Cities
      • Companies
  • The Great Reset
    • General
    • Audits
    • Addresses
    • Colours
    • Roadmap
    • Whitepaper
    • Bug Bounties
    • Code/Github
  • Links
    • Official Websites
    • Redacted
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  1. The Great Reset

General

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Last updated 3 years ago

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The Great Reset is dedicated to creating dapps that put the desires, security, and freedom of its community at the forefront. A few examples:

It is easy to imagine a world where Uniswap, YFI, etc. become worldwide duopolies like todays tech companies. In that world though, you have just recreated the banking giants of today. A few whales will control the governance of Uniswap not dissimilar to a board room. They can then make decisions that benefit them at the cost of us such as a liquidity fee curve etc.. To fix this, the Great Reset has split governance from the economics of its dapps, allowing the biggest liquidity providers to be rewarded but the entire community to control it.

A good explanation of why X would be a more secure currency can be found in the bitcoin whitepaper, "If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote." This sentence overlooks the face that CPU, (and later ASIC) manufacturing is extremely centralized. This creates the potential of a bad actor to allocate much of the mining power they plan on selling to use before selling it and thus controlling a disproportionate amount of the hashing power(Remember this hardware is much better than the hardware their customers will be replacing). You can read about X in the Whitepaper .

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