kaal:claim:3441904-014

The core governance failure of the original 2016 DAO was its inability to create dynamic governance protocol upgrades in real time through dynamic feedback loops, because its voting structure was built for investment proposals rather than governance design.

Source quote, verbatim

The core governance failure illustrated by the 2016 DAO is its failure to create dynamic governance protocol upgrades in real-time through dynamic feedback loops.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), III.1 Centralized Design Elements in the Original 2016 DAO, p. 13
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

the original 2016 DAO
flaws materializing in already deployed code

Classification

failuresupport: evidencedfailure: no-real-time-governance-upgradefamily: smart-contract-rigiditydaogovernance-design

Verify

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Attestation record: colloquium/attestations/b18df026a6fb490b...json
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