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by ericflo 2356 days ago
You can always fork. People forget this when talking about blockchains, but it is one of the fundamental innovations of the model.
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"...replicating a structure (through organizational or version forking) does not completely address the hierarchy of the structure itself. While it certainly gives others a voice and accounts for fragmentation in the community, power is not flattened among all participants. Quite clearly, senatorial governance is not a direct democracy but a representative one where certain actors (Lead Developers, mining pool operators, software companies) are raised into positions of power by grouping individuals (programmers, miners, users) through their obligatory passage points. This is not necessarily a negative revelation for algorithmic decentralization via (proof-of-work) blockchains but it is important not to assume all stakeholders of their protocols are made equal. The cost of collective action is hierarchy" (481)