Rise of Decentralized Autonomous Organizations
The decentralization movement picked up speed because of Bitcoin. Decentralized applications, decentralized autonomous organizations, decentralized governance, and more verticals of decentralization, have emerged in the past few years. Irina Bolychevsky, a digital strategist and decentralized technology expert, wrote in her blog post that decentralization is a powerful way to tackle the problems of digital monopolies, growing inequality, and loss of autonomy in our societies. Ms. Bolychevsky also mentioned that decentralization incentivizes the distribution of power across users on the network.1
Decentralized autonomous organizations, or DAOs, became all the rage in 2016, ...
Get A Book About Blockchain now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
