Law & Policy

Favorite question today—from a law student in a session—are governance of protocols actually decentralized?

Me: tl:dr no

The best explanations I’ve seen here comes from cybernetics, where organizations tend to be governed by Pareto principle regardless or organization or governance type, but the second order effects may be widely different

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The best explanations I’ve seen here comes from cybernetics, where organizations tend to be governed by Pareto principle regardless or organization or governance type, but the second order effects may be widely different 

https://law.mit.edu/pub/dao-precedents-cybernetics