NETWORK UNION-MY VIEW

The most compelling idea I’ve read about is Balaji S. Srinivasan’s Network , recently detailed on the website of https://1729.com/network-union/.

WHAT IS NETWORK UNION

Well ,briefly explaining the network union.

Srinivasan states that “The network union integrates concepts from traditional unions, startup corporate structures, Facebook groups, crypto tribes, DAOs, and UK-style shadow cabinets. On one level it’s a straightforward integration of the new tools offered by blockchains with the existing functionality of social networks; on the other hand it’s a way to go from an influencer posting online to a scaled community with digital bylaws, crowdfunding capability, a track record of collective bargaining on behalf of its members, and a numerically quantifiable level of social capital. ”

He finds these unions working as intermediate working between online communication and well established network states.

BOWLING ALONE,POSTING TOGETHER

He believes that network unions will definitely reconceptualise the very purpose of sharing information using power o blockchain and banklins as base.

WHY BLOCKCHAIN?

BECAUSE IT’S SERVING AS BOON FOR SOCIAL TECHNOLOGY.

LET’ SEE HOW…..

  1. Messaging. Every user can use their public/private key pair to send encrypted messages back and forth to each other.

2. Balances. Every user now has the ability to buy items and pay users with their token-based balance, an obvious functionality that does not exist on Facebook, Twitter, and LinkedIn.It will promotes the usage of bitcoins,ethereum based digitlised payments..

3. Encryption. Every user has an Ethereum wallet public/private key pair, so they can digitally sign documents like one tool to cary all our document digitally with keys in your hands.

4. Login. By hodling the token with something like a provable timelock, users can demonstrate that they are invested in the long-term health of the community. This can be used as a login criterion to access community-created services.

HOW BLOACKCHAIN QUANTIFIES SOCIAL SUPPORT.

So, Srinivasan says that “Backlinks allow us to quantify a leader’s support base. Every leader has individuals that support them. Some of those individuals in turn have other individuals supporting them.”

First of all, what is backlinks:

If one of my friend mention my website link in one o his website,This website link in my friend’s website is serving as backlinks and it helps in presenting the website more on search engine’s search.

Acc. to him,backlinks supports the ranking of website like as of leaders having strong support base . But If he would have took the example of working of backlinks of website would come out as of more relevance to put up the statement that backlinks quantifies social support.

WELL,GOING MORE…

clearly,he agree that institutional heirs failed to cover up in covid situation because they don’t worked on creating the backlinks but they got for which technical founders created more and got the importance.

HOW RERESENTING NETWORK UNIONS AS SOCIAL TREE INSTEAD OF SOCIAL GRAPH HELP?

SOCIAL GRAPH

SOCIAL GRAPH

SOCIAL TREE

H e explains new term to us where as using social tree , we can figure out easily the backlinks associated to every node representing person in network or support contact of them.

If we see to above example ,just a difference from social graph,here in social tree node no 3 will be boss of company as it has 3(max) incoming edges where incoming edges denotes the backlinks associated to person.

More the backlinks ,more the ranking, this is the crux come out of srinivasan’s introduction social tree of social networks.But, I disagree because there is difference between leader and influencer because good leader does not always require highest backlinks as well influncer does not always require good supportive system.

Also, in social tree considering the case of amazon CEO Jeff Bezos ,people who all are connected by him ,not necessary supporting him as a leader but doing their work for the company ,so connected.It clearly doesnot justify his statement that banklinks quantifies support base of leader and presented as social tree.

I think social tree is not right choice of presenting leader in network unions using edges presenting as supportive links.

NETWORK UNION AS MORE POWERFULL ONLINE COMMUNITY

He says that”While network unions may participate in politics if laws permit, they prioritize daily action over occasional elections. Like a traditional union, they employ a series of escalating tactics to negotiate with entities of similar size and scale, like businesses and governments. But unlike a traditional union, their point of view on any given issue can be from the consumer, user, producer, or labor side rather than labor alone, depending on the role of their constituency.

Also ,adding few of his more points:” network union may bargain on behalf of the collective for cheaper bulk purchases of a high-volume staple like masks. The next day it could negotiate with a payments platform to reinstate a deplatformed member. And the next day it might find a job for a union member down on her luck.”

Last small critique:” if a corporation demonetizes you, unbanks you, deplatforms you, censors you, or otherwise harms you, a network union has your back. If a state doesn’t respect your group’s interests, a network union has your back too.” his statement .I cannot imagine how network unions helpps such people suffering from above elaborative statements.Instead ,Author should include strong point of explanation or best example to prove this point which i found missing.

Overall, Here is my review for this post.Hope you spare some time in reading .

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