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.

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

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

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

• smart contract enforced protocols
• politically decentralized networks

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

• restates kaal:claim:3782193-040 In designing governance for large global networks, protocol centralization is necessary in order to display ob...
• restates kaal:claim:3782193-008 Modern Western democracies, which the authors treat as the largest DAOs ever assembled, show that a network wh...

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• Extension: Randomness invalidates criminal smart contracts