Our Secret Master Plan Revealed – lab10 collective

Our Secret Master Plan Revealed – lab10 collective

The lab10 collective is a cooperative wholly owned and governed by its members, that have come together to tackle humanity’s biggest threat: We are committed to turn the greatest tragedy of the commons, the depletion of our Earth’s climate, into the wealth of the commons through scalable, trustless community collaboration and sharing.

Our overarching purpose is to move from a mine-and-burn carbon economy to a zero-carbon society in equilibrium with Earth, as we believe this is the only viable option for mankind to prevail on Earth.

This post will explain how we will go about this daunting undertaking. The plan will outline where we come from, where we stand and where we are heading. An audacious and exciting journey lies ahead. We invite you, no, in fact we require you and all your peers, to become a part of it too! Only then will we be able, as a commons, to sustain life on Earth as we know it today.

People say that the children of the Fridays-for-Future movement and many others are exaggerating and are alarmists, while they solely rub undebatable facts and objectified climate data under decision makers nose. They confront them with the uncomfortable fact, that under their leadership we have miserably failed at protecting our most dear common good: Earth’s atmosphere. With this inexcusable sin our leaders have sacrificed future generation’s basis of life and means of existence (on Earth…) for the sake of short term and anyways unsustainable economic gains. They have ‘externalized’ the undesirable effects of their carbon fueled economies, utterly disregarding that they and their offsprings are rooted on Earth too.

Despite all of this, all developed nations continue to fail year after year on delivering even on the least common denominator as defined in the Paris Agreement. And the most powerful nation (looking at you USA) that supposed to lead, instead has haphazardly decided to double down on their exploitation efforts by leaving the Paris Agreement and further invests into fracking. They have chosen ruthless geopolitics instead of collaborative efforts. Old reflexes and old receipts while our very base of life continues to deplete. Clearly, our leaders and the ‘elite’ has failed for decades and continues to fail.

So this is the dire reality in 2019. Existing climate data are facts and no subject to debates!

It is a combination of the so called tragedy of the commons and (in its current form) a failing capitalist system with its misaligned shareholder value approach.

Earth’s atmosphere is undisputably the most precious common good as it is the protecting shield for the miracle called life on earth. As such it is a shared, seemingly ubiquitous resource that cannot be easily regulated or denied to anybody. Thus it has fallen victim to the free rider problem since the age of industrialization.

Since then, corporations are easily able to extract economic gains without compensating for the damage caused or by being penalized for their harmful behavior. This is further underpinned by the shareholder value approach which forces such corporations to solely satisfy shareholder’s rent-seeking expectations.

Reality is that all these businesses that are not in an equilibrium of economical, ecological and social sustainability are not sustainable at all and only exists due to the failure of markets, regulators and the shareholder value approach.

Clearly, with regards to the fair valuation and protection of the atmosphere, as the most precious commons, we face a systemic problem without any cure so far, while time is ticking.

Commons initiatives are best compared to cooperatives such as the lab10 collective. It is owned & governed by its members towards a mutually beneficial goal. In our case, the objective of a globally coordinated protection of our atmosphere, has never been tackled by any cooperative before.

Today’s data suggest that effective commons management seems to have only worked on small scale so far, all of which are following Elinor Ostrom’s 8 universal principles to manage commons. This is due to the inherent trust problem these cooperatives are hitting into, as they grow and then fall prey to the free rider problem at a varying but low threshold. So they have proven not to be sufficiently scalable outside of smaller communities.

Therefore, until today large scale human coordination around protecting commons have been whether organized by markets (private ownership) or states (government intervention). However, neither of these have resulted in a satisfactory outcome when it comes to protecting and adequately ‘pricing’ our atmosphere. A growing number of humans and living species can physically and painfully feel the consequences by now.

Clearly we need to seek for new ways to coordinate and the key to that is by fixing the trust problem of commons on a global scale.

With the advent of open, decentralized, permissionless and trustless systems new ways to coordinate are on the horizon. Given the stakes, we believe collaborative effort has to be put into finding the winning formula and we are determined to assemble all the building blocks to deliver that formula.

There is a lot of misconception in mainstream media about blockchain technology. Given most of these outlets are plugged into existing power structures the messages they send is without surprise. You have to be aware of the messenger after all…

So let’s first clear out the most severe misconception: Blockchain technology consumes waste amount of energy, therefore it is not sustainable.
No, this is a misconception! Only a certain type of consensus mechanism, namely the Proof-of-Work or the so called Nakamoto Consensus, is energy intense. Albeit that one very. The Bitcoin protocol consumes more energy than Austria. That is without a doubt quiet a heavy hitter.

However, new generations of consensus mechanisms are by magnitude more efficient. As a comparison, the ARTIS blockchain consumes 99.9999% less energy than Bitcoin. Or to put it differently: Bitcoin requires a country of a size of Austria while ARTIS requires less than 100 average Austrian households to run reliably and securely. Which blockchain would you use to fight climate change?

So, the energy consumption issue is solved and on top of that come all the killer features of blockchain systems. So let’s clarify why decentralized, open, permissionless and trustless peer-to-peer blockchain technology is the only viable underpinning infrastructure to solve the world’s biggest problem:

1. Decentralized, meaning there is no single point of failure as there is no central entity that runs the network. Therefore, the network cannot be shut off. This is a feature we need, as the fight for our atmosphere is without compromises a 24/7/365 effort.
2. Open, meaning everybody can access it from anywhere. Your assets on a blockchain are only yours without anyone able to seize them. This is a feature we need, as creative force can come from any angle of the world and should have means to make itself seen.
3. Permissionless, meaning you do not have to ask for permission to access the network and with it all its benefits. This is a feature we need, as the fight for our atmosphere should be unstoppable and not tolerate any authority.
4. Trustless, meaning you can transact with anyone, on a global scale, within means of seconds and without having ever met. The protocol sets the rules you can trust. This is a feature we need, as described above in the context of the commons.
5. Peer-to-Peer, meaning there is no single centralized party between the transacting entities. This is a feature we need, as there should be no-one between you and the objectives to fight climate change.

Remember nation states have failed, nation’s coordinated efforts have failed and for corporations climate action is a matter of marketing and ‘corporate social responsibility’ at best. We have been waiting far too long. Now that promising technologies are on the verge to maturity, it is time to take matters into the hands of the commons to solve the climate crisis independent of governments, corporations and national boundaries. We invite governments and corporations to join (remember, blockchain systems are open) and support us, but we the people will act either way!

The ARTIS blockchain has been launched in November 2018 and operates reliable and securely ever since. It is decentralized, open, (soon) permissionless, trustless and peer-to-peer and as such it ticks all the boxes we need for a new generation of commons to rise.

ARTIS will soon be accompanied by Minerva a blockchain agnostic open, standards-based, decentralized identity and asset management system. As such it will be a key building block to further alleviate trust relationships and to coordinative effort of the commons.

In short: it is daunting on an accumulative basis but on a per capita basis the required contribution is within the means of an average European household, namely €27 per person per month for each EU 28 citizen. In comparison with what is at stake it is an asymmetric opportunity but more importantly it is a necessity.

Let’s elaborate: The objective is clear, all energy sources humans capitalize on have to move away from scarce and limited mine-and-burn to abundant renewables. Ideally immediately but at least asap.

By now on EU level we have reached about 17.5% of that objective, on a global level it’s less. Some countries perform better like Austria with 32.6%, others are catching up like Germany with 15.5% and some have to hurry up considerably like Poland with 10.9% [1].

The biggest leverage we have is by transforming the thermal heat sector to renewables and mobility to e-mobility with only flying without any near-term solution to turn zero-carbon.

That all being outlined, how much would such a transition cost? Lets take a look…

Taken the burden is clearly within the means of possible, why is then so little happening? Frankly, it is genuinely incomprehensible. Supposedly, because we entrust our governments, which in turn seem only be willing to act re-actively and even that in alignment with the short term, quarter based thinking of corporations in mind.

We the people in turn have not acted because we had no means to coordinate efforts in a transparent and trustworthy fashion. We entrusted our central governments. The mortal tragedy of the commons…

At lab10 collective we decided to tackle this burning issue heads on. Let’s outline what will happen over the next 10 years:

ARTIS Network Upgrade

The ARTIS blockchain is currently a permissioned system and as such does not fully meet our criteria yet. We are currently working on the implementation of the Honeybadger Consensus Algorithm (HBBFT) which is more resiliant that the proof-of-authority (POA), the system it currently runs on. Additionally to Honeybadger we will implement a governance model that will greatly fit the needs of the commons. It is a so called proof of stake DAO, delegated proof of stake governance model.

Private Carbon Offset Fund

The biggest leverage to serve the common’s good, our atmosphere, is in the transparent and coordinated allocation of capital. As the calculation above suggest it is trillions of Euros that require effective allocation. The ARTIS blockchain system is predestined to underpin such a coordinative effort.

First we will start with an MVP (minimal viable product) to collect and allocate the lab10 collective member’s carbon off-set. The entire process from collection, to allocation, to energy consumption and funds payback will be made transparent and traceable.

Public Carbon Offset Fund

We believe that full transparency is required for participants to gain trust and hence not just set themselves off but to persuade peers to contribute to the world’s most precious commons, our atmosphere, too. Therefore, once the system has proven itself, we will move forward and open the system to non-members too.

Proof of concepts in e-mobility and renewables

We have already delivered multiple proof of concepts (POC) in the areas of e-mobility and energy systems. We will double down on these efforts and plan to deliver more POCs with the objective to inspire hardware producers as well as others to adopt our solutions. All the smart contract systems we develop will be open sourced and made available to the public to adopt and build upon.

So, in short, the master plan is:

1. Transition the ARTIS blockchain to a fully decentralized, open, permissionless, trustless and scalable Ethereum sidechain;
2. Use the ARTIS blockchain to launch a private carbon offset fund for the lab10 collective members to offset their carbon footprint by investing into photo voltaic installments.
3. Based on the learnings of the lab10 collective’s private offset fund launch a public, fully transparent carbon offset fund for people with capital to invest and people without capital to transition to zero-emission mobility, energy supply and storage e.g. by providing free roof space for PVs or suitable space for wind mills;
4. Use the ARTIS blockchain to deliver POCs in the areas of e-mobility and renewable energy for hardware manufacturers to adopt and build upon;
5. Open source all our technology to foster adoption and the transition to a zero-emission economy as fast as possible.

Now that all our plans are made available publicly, we invite you to carry it forward into your own plans or organization or even better to join us as a member and start offsetting your own carbon footprint starting today. On this one even mainstream media has set it right: Time is ticking agains us.

Published at Tue, 06 Aug 2019 18:38:51 +0000

Bitcoin Pic Of The Moment
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