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Blockchains should not be democracies – Hacker Noon

Posted in blockchain, governance, Research Notes

 

But on-chain governance is dangerous, and I worry it will lead to disastrous outcomes. Blockchains should not be democracies, and the reasons why are subtle and counterintuitive.

Source: Blockchains should not be democracies – Hacker Noon

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The Lab has received funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme under grant agreement No 759681.