quartz/content/notes/Blockchain as a confidence machine — The problem of trust & challenges of governance.md
2022-12-21 11:17:27 +13:00

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title: "Blockchain as a confidence machine — The problem of trust & challenges of governance"
tags:
date:
authors:
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link: https://doi.org/10.1016/j.techsoc.2020.101284
# Summary
# Extracts
# Notes
Since
## 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.
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