kaal:claim:3782193-040

In designing governance for large global networks, protocol centralization is necessary in order to display objective fairness, yet that same protocol centralization leads to instability, which is the core design tension the chapter's historical cases are meant to resolve.

Protocol centralization is necessary to display objective fairness, but this leads to instability.

Craig Calcaterra, Wulf A. Kaal, Historical Sketches of Centralization vs. Decentralization (2021), The U.S. Constitution’s dynamic hybrid solution, p. 34
https://ssrn.com/abstract=3782193 · source PDF

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

• large global networks open to members with diverse values

conditionsupport: arguedfailure: Fairness versus stability tradeofffamily: recentralization-driftdecentralizationgovernance-design

• restated_by kaal:claim:3782203-004 Protocol centralization, meaning rigid and immediately enforced rules such as those executed by smart contract...

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