kaal:claim:3782193-029

Good ideas will fail to be implemented unless the reward structure is balanced, because people rarely keep working idealistically toward group goals while rent seekers at the top split the rewards unfairly.

Source quote, verbatim

Good ideas will fail to be implemented unless the reward struc- ture is balanced.

From

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021), The Apaches vs. Bitcoin, p. 23
https://ssrn.com/abstract=3782193 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021). SSRN: https://ssrn.com/abstract=3782193

Holds when

projects where rewards are visibly distributed among contributors

Classification

conditionsupport: arguedfailure: Unbalanced reward structurefamily: staking-and-incentive-misalignmentrisk-and-incentivesgovernance-design

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