The concept of a DAO fails if it becomes centralized, and centralization in governance is the largest single threat to a DAO.
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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.
extended_bykaal:claim:4067783-002 Poorly executed DAOs exhibit a recognizable cluster of pathologies, including siphoned coins, distracted and r...
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