DAOs are not corporations: where decentralization in autono...

DAOs are not corporations: where decentralization in autonomous organizations matters

vitalik.eth.limo

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---------CONCLUSION DeFi's decentralized governance allows stakeholders to influence protocol development. Decentralized governance with DAOs can replace traditional firms' transaction costs, allowing crypto projects to welcome more diverse ideas and beliefs. To achieve these benefits, operational efficiency does not have to be sacrificed. Incorpor... See more

DAOs and the pitfalls of progressive decentralisation

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