DAOs far from being decentralized? The Chainalysis report sends shivers down the spine
Chainalysis dots the “i’s” – The concept ofdecentralized autonomous organization (DAO) was born in the infancy of the Ethereum (ETH) network. These organizations aim to decentralize governance of a protocol. Unfortunately, in practice, the latter turn out to be highly centralized around a handful of actors. What is a DAO? A CAD (Where decentralized autonomous … Read more