kaal:claim:3782201-023

The re entrancy programming bug was not the 2016 DAO's most serious problem; the system would eventually have failed more spectacularly because it was designed poorly on other levels.

But that technical design flaw was not its most serious problem. The system would have eventually failed more spectacularly, because it was designed poorly on other levels.

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021), The 2016 DAO, p. 23
https://ssrn.com/abstract=3782201 · source PDF

Craig Calcaterra, Wulf A. Kaal, Future of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782201

failuresupport: arguedfailure: governance design failure beneath a technical bugfamily: governance-participation-collapsedaogovernance-designsmart-contracts

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