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A blockchain is maintained by a distributed network of parties (“miners” or “validators,” depending on the kind of chain). These parties produce blocks jointly via consensus. In simple terms, the parties vote on how to process a set of transactions—or in other words, how to construct the next block. The block with majority support is the one that i... See more
Jay Drain Jr • Web3 Starter Pack
6. Ensure conflict resolution is informal, accessible, and low cost.
Coindesk • DAOs Are the New Way of Impact Work
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Brynne Delerson • 7 cards
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🎾 You're not "a top down dictator, but as a consensus builder amongst all the stakeholders, breaking a tie when necessary."
George from prodmgmt.worldx.comuniversal buy-in usually signals the absence of choice.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Second, aggregating independent expert judgments can mitigate bias in evidence interpretation and enhance accurate assessment. Furthermore, communicating judgments that fairly represent those of a collective avoids the false balance that may be presented if an audience only hears from a few, unrepresentative experts (Koehler, 2016). Showing the dis... See more
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When competing commitments need to be resolved, the questions are, how will the decision be made: through a mandate from on high, by majority rule, through consensus where everyone involved must agree? What groups are going to lose something as a result of this decision, and what precisely are they going to lose?
Ronald A. Heifetz • The Practice of Adaptive Leadership: Tools and Tactics for Changing Your Organization and the World
3. Put forward clear participatory procedures for updating rules.