Blocklancer 3/5 (1) - Job marketplace

Blocklancers Tokenholder Tribunal is built on Executable Distributed Code Contracts (EDCC) offered by the Ethereum Network. The Tokenholder Tribunal is a crypto-economic framework to allow automated dispute resolution by the Tokenholders. Tokenholders are allowed to vote on disputes and get incentivized for participating in the dispute resolution process between clients and freelancers. Building such voting mechanics is not easy, because it has to be guaranteed that the votes of the participants converge to the correct solution. If there is a flaw in the voting protocol, it could lead to a situation where participants get rewarded for guessing and the solution is not useable at all. The Tokenholder Tribunal of Blocklancer is such a voting mechanism and therefore the protocol for voting has to be designed very careful. In the following sections it will be shown that the Tokenholder Tribunal converges to a correct solution. Before the analysis, a formal model that fits the actual process has to be developed. In the following, the components of the Tokenholder Tribunal will be defined and formalized and finally the Tokenholder Tribunal is modeled as a Partially Observable Markov Decision Process (POMDP). This formal model can then be further analyzed. The analysis shows that the optimal strategy for the agents, participating in the Tokenholder Tribunal, is to make competent decisions. This shows that Blocklancer incentivizes Tokenholders that are actively participating in the Tokenholder Tribunal and making competent decisions the most. In the following section 2, some formal definitions will be given.