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| title | tags | date | authors |
|---|---|---|---|
| Blockchain as a confidence machine — The problem of trust & challenges of governance |
link: https://doi.org/10.1016/j.techsoc.2020.101284
Summary
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Highlights
- Blockchain technology is not a trustless technology but rather a confidence machine.
- Blockchain technology increase confidence in the operations of a computational system.
- Confidence in a blockchain system depends upon its underlying governance structure.
- The governance of a blockchain system requires trusting a distributed web of actors.
- Constitutional & polycentric governance theory can help improve blockchain governance.