kaal:claim:3441904-033

Rulemaking via code is not itself a cure for static regulation, because coded solutions are subject to natural flaws such as bugs and cannot evolutionarily change protocols, making them another stable and presumptively optimal attempt.

On the other hand, coded solutions are subject to natural flaws (bugs) and cannot evolutionarily change protocols.

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), IV.2 Benefits of Dynamic Decentralized Governance, p. 28
https://ssrn.com/abstract=3441904 · source PDF

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

• decentralized rulemaking via code without dynamic elements

failuresupport: arguedfailure: static-code-rulesfamily: rule-obsolescence-and-ossificationdynamic-regulationgovernance-design

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