kaal:claim:3441904-030

The speed of smart contracting and associated DAO revisions will render regulations aimed at morphing decentralized systems obsolete before static centralized regulations are even finalized.

The speed of smart contracting and the associated DAO revisions will make regulations pertaining to morphing and evolving decentralized systems obsolete before static centralized regulations are finalized.

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), IV.1 Shortcomings of Centralized Governance in Decentralized Systems, p. 26
https://ssrn.com/abstract=3441904 · source PDF

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

• formal centralized rulemaking processes
• rapidly morphing decentralized systems

predictivesupport: arguedfailure: regulatory-obsolescence-on-arrivalfamily: regulatory-lagdynamic-regulationdao

• specializes kaal:claim:2740477-021 New regulations aimed at an innovative product can be obsolete before they are finalized.
• specializes kaal:claim:2957645-003 Formal rulemaking in the existing regulatory infrastructure is too time consuming, and the speed of product in...

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