kaal:claim:3782203-004

Protocol centralization, meaning rigid and immediately enforced rules such as those executed by smart contracts, leads to instability unless it is implemented wisely.

Source quote, verbatim

However, protocol centralization leads to instability if it is not implemented wisely.

From

Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021), Chapter 6. Technical perspective, p. 3
https://ssrn.com/abstract=3782203 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, A Technical Perspective on Decentralization (2021). SSRN: https://ssrn.com/abstract=3782203

Holds when

smart contract enforced protocols
politically decentralized networks

Classification

failuresupport: assertedfailure: unwise-protocol-centralizationfamily: smart-contract-rigiditydecentralizationsmart-contractsdaogovernance-design

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