A note from Daniel

Blockchain networks usually don't start out organizationally decentralized. In their embryonic stage, they almost always have a small founding team that is managed from the top down. Afterward, a larger, bottom-up community of builders, creators, users, and others takes on maintenance and development duties. The job of the founding team is to design the core software for the network and an incentive system that encourages growth. After that, they hand control over to the community through a process of progressive decentralization.

Daniel Read Write Own, page 95 · March 4, 2024 Save to shelf
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