Highlights from article
- “However, recent technological advancements have allowed for decentralized principles to be utilized more effectively and many of the historical limitations are no longer applicable as robust mechanisms of governance utilizing decentralization are now available.”
- QC practicing voting or governance in a DAO, not in a DAO? Join one
The Different Components of Decentralization
- “Although there is still no unified singular definition of decentralization, the utilization of the term within blockchain generally carries certain characteristics that trace back the original Bitcoin whitepaper” - QC to go find the definition of decentralization in BTC WP and here’s another good one on Decentralization: “one useful framework is one that was used by Vitalik Buterin in his Medium post titled The Meaning of Decentralization. In the article he acknowledges that the word can be thrown around in confusing ways and provides the following framework for greater clarity:
Miles Jennings paper, Balaji Srinivasan’s post, Beijing Jiaotong University paper, Ketsal’s post, The Blockchain Socialist blog post,
go meta and encryptedly say to ‘Participate in governance’ and tell us what projects incentivize governance
answer: