This looks really cool, but I'm a little bit confused about why this needs to be decentralized. You could theoretically just implement this network as a saas instead of on top of a blockchain. You could even still do all the financials with ether but just maintain the state on servers somewhere.
The big fear I have is immutability of blockchain data in the case that something goes horribly wrong. If there's a problem with the ethereum core protocol, solidity compiler, wallet software, colony contracts you could lose everything. Vitalik already said that there probably wouldn't be anymore hard forks.
The big fear I have is immutability of blockchain data in the case that something goes horribly wrong. If there's a problem with the ethereum core protocol, solidity compiler, wallet software, colony contracts you could lose everything. Vitalik already said that there probably wouldn't be anymore hard forks.