Cryptocurrency

Introducing Decenturion: A Decentralized State Built on Blockchain

Decenturion wants to build the first sovereign state governed through blockchain and direct democracy. The project launched at Consensus 2018 with founders who chose to remain anonymous, following Bit

By James Gray··2 min read
Introducing Decenturion: A Decentralized State Built on Blockchain

Key Points

  • Decenturion wants to build the first sovereign state governed through blockchain and direct democracy.
  • The project launched at Consensus 2018 with founders who chose to remain anonymous, following Bit

Decenturion wants to build the first sovereign state governed through blockchain and direct democracy. The project launched at Consensus 2018 with founders who chose to remain anonymous, following Bitcoin's own precedent.

The society operates without a physical location or borders. Citizens who bought in at the conference received 100 Decenturion tokens (DCNT). Those joining later get tokens based on their Ethereum holdings, with the total supply capped at 30 million. Token holders govern through smart contracts, controlling everything from new membership to how the organization runs.

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The core philosophy is straightforward: governments should make their citizens wealthier, not poorer through taxation. Two membership categories exist. Citizens have voting rights. Startups register as a distinct type and distribute portions of their tokens to Citizens proportional to each citizen's DCNT holdings.

Viktoriia Pirumova, listed as Minister of Foreign Affairs, spoke about the project at the Blockchain for Impact Summit at the United Nations. The organizers held a reception on a yacht in the Hudson River afterward.

What's missing is any real information about who runs Decenturion or how decisions get made when they matter. The manifesto promises a society governed by its members, but what that looks like when the group faces actual choices remains a blank space. Olha Havrylyuk, an Ambassador of Decenturion, deflected when asked about leadership. "The citizens are behind the Decenturion state," she said. "This is the main concept, as we are the ones who govern the society. Do you know who Satoshi is? I don't. Maybe, it's not just one person but a couple of them. Same thing with Decenturion."

Lack of transparency is standard for blockchain projects. Bitcoin got the same criticism when it arrived in 2009. The Decenturion manifesto reads like most libertarian blockchain pitches: grand promises, light on details. Whether the project can deliver on governance through code instead of traditional bureaucracy is still an open question. What's certain is that someone is testing whether a blockchain can govern an actual society.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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