added by sari · updated 2y ago
Ten Theses on Decentralized Network Governance — Placeholder
- Decentralized governance is at the heart of the ideological foundation of crypto: equal participation for all actors. The playbook of progressive decentralization is being followed by more decentralized finance (DeFi) projects. Users and tokenholders can now have more control over protocol parameters, treasury spending, and, in general, the industr... See more
from Cryptociety | Sam McCarthy | Substack by Sam McCarthy
Mo Shafieeha added
- A good example of the latter type of decentralization is Bitcoin. Other than the consensus protocol itself, there are no formal governance rules existing among mining nodes, non-mining nodes, users, exchanges and core developers, but these groups all have different kinds of influence over Bitcoin and essentially govern Bitcoin on an emergent basis ... See more
from Defining Real and Fake DAOs by Gabriel Shapiro
Juan Orbea added
- The idea of a decentralized organization takes the same concept of an organization, and decentralizes it. Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of humans interacting with each other according to a protocol specif... See more
from DAOs, DACs, DAs and More: An Incomplete Terminology Guide | Ethereum Foundation Blog by blog.ethereum.org
Alex Wittenberg added