kaal:claim:3808852-027

Even though the creator of a DEX plays a limited role in its evolution, the code that provides the exchange's operational rules may still be subject to the centralized control of certain developers, and a completely open source DEX with no ongoing developer involvement remains untested.

the code that provides the operational rules of the exchange may still be subject to the centralized control of certain developers. The idea of a completely open source DEX without any ongoing developer involvement remains untested.

Wulf A. Kaal, Decentralization and Feedback Effects (2021), IV. Market Decentralization, p. 18
https://ssrn.com/abstract=3808852 · source PDF

Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

failuresupport: arguedfailure: residual developer control over DEX codefamily: recentralization-driftopen-source-and-codegovernance-designrisk-and-incentives

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