kaal:claim:3799320-001

The concept of a DAO fails if it becomes centralized, and centralization in governance is the largest single threat to a DAO.

The concept of a DAO fails if it becomes centralized. Centralization is omnipresent in computing systems, economics, and society at large. Yet centralization in governance is perhaps the largest threat to a DAO.

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021), Introduction, p. 3
https://ssrn.com/abstract=3799320 · source PDF

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

failuresupport: arguedfailure: Governance centralizationfamily: recentralization-driftdecentralizationdaogovernance-design

• extended_by kaal:claim:4067783-002 Poorly executed DAOs exhibit a recognizable cluster of pathologies, including siphoned coins, distracted and r...

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• Extension: DAO Vulnerability Mapping