Governance is most fundamental to our concept of Trustless Computing: it is where “the buck stops”. 

The current Trustless Computing Association statute has been very carefully conceived to ensure – in the long-term and under great pressures – to be and sustainably remain extremely user-accountable, citizen-accountable, ethical and technically-proficientThe to-be established Trustless Computing Certification Body will be an internal body of the

Legal Status: Trustless Computing Association is an Italian non-profit “associazione non riconosciuta”  established in 2011. 

Funding to date: The Association has been funded to date by Rufo Guerreschi, and by about 45k€ of funding by EIT Digital And ECSEL JU to organize Free and Safe in Cyberspace event series.

Currently Temporary Governance: Currently, until the 1st fundraising, power resides in the Association assembly consisting of Rufo Guerreschi, Vera Simsic, and Roberto Gallo. 

However, the statute of the Association  – prescribes mandatorily the transfer of such power to a goverannce that achieve the above mentioned goals:

  1. Phase 2. Within six  months after $600k are raised:
    1. Current members of the Assembly resign, and the Assembly will be made up of 20 or more individuals – compensated at generous market rates proportional to the expertise and profile – in the following percentages:
      1. 20% Ethical & Scientific Advisory Board, initially composed our the current Association scientific advisory board.
      2. 20% Active Users of TC-compliant client devices
        (“one person, one vote”, applies to institutional and enterprise users as well)
      3. 15% Security or Defense agencies of 2 or more democratic nations, excluding Russia, USA, Israel and China. (Offered initially to current Association governance partners: Italy and Austria)
      4. 15% Data Protection Agencies of 2 or more democratic nations
        (Offered initially to current TCA governance partners: DPA of German State of Schleswig; and then to EDPS, and DPAs of  Italy, German, Austria)
      5. 15% A group of 10 random-sampled citizens, selected and self-managed according to the deliberative polling method, by which random-sampled citizens are given an opportunity to self-educate about a matter and then deliberate. They will rotate every 3 months in alternate batches of 5.
      6. 15% Association Board of Directors, where no delegated or shared board voting rights are to be allowed
    2. A 3-people (minimum) Board of Directors, lead by the Association Exec. Dir. and the other 2 members elected by the Assembly will be fully delegated by the Assembly until Phase 3 below.
  2. Phase 3. Three months after real-life scenario continuous deployment (or go-to-market) of at least 1000 TC-compliant client devices:
    1. All Association decision-making power reverts back from Board of Directors to the Assembly.
    2. All voting must be performed via TC-compliant IT services, leveraging a TC-compliant blockchain. Voting will be public to radically decrease the risk of compromisation.
    3. A new Ethics & Scientific Board is elected, half by existing members and half by the Assembly. Maximum term is 3 years.
    4. Random-sampled citizens and Pod users’ share of governance is proportionately increased on a quarterly basis by up to 50% as the number of users increases to 20.000. The decision-making power of the other entities is decreased accordingly.

For more info, and details, see the Governance chapter in our Whitepaper.