kaal:claim:3808873-013

Applying decentralized technology to optimize a legacy system, for example using blockchain to improve the malfunctioning shareholder proxy voting process, perpetuates the outdated and malfunctioning centralized system rather than replacing it with a better performing decentralized one.

Source quote, verbatim

In the process, the outdated and malfunctioning centralized legacy systems are being perpetuated rather than being replaced with better performing decentralized systems.

From

Wulf A. Kaal, Decentralization Neutralizers (2021), III. S-Curve of Centralization, p. 10
https://ssrn.com/abstract=3808873 · source PDF

Cite as

Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873

Holds when

decentralized technology deployed as an optimization layer on centralized legacy processes

Classification

failuresupport: arguedfailure: Legacy Optimization Trapfamily: recentralization-driftblockchaingovernance-design

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