"A Call for Decentralized Governance": On the Lack of Democracy in Bitcoin | P2P Foundation | Peer2Politics | Scoop.it
Decentralization simply means building mechanisms which allow for a group of peers to efficiently arrive at decisions without having to rely on fixed hierarchies, central coordination and single points of failure. From an excellent article on the “Mike Hearn” controversy in the promising magazine Backfeed, excerpted from Julian Feder: “Since Hearns post mid january, the …