kaal:claim:3782214-010

Designing a single consensus algorithm is vastly easier than designing a consensus algorithm that can incorporate all future updates to itself, which explains why immature decentralized systems lack sophisticated governance mechanisms.

Source quote, verbatim

Designing a single consensus algorithm is infinitely easier than designing a consensus algorithm that will incorporate all future updates to the consensus algorithm.

From

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021), Chapter 6. Governance, p. 6
https://ssrn.com/abstract=3782214 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Decentralized Governance (2021). SSRN: https://ssrn.com/abstract=3782214

Classification

mechanismsupport: assertedconsensus-and-securitygovernance-designdao

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