Editing
Corruption
(section)
Jump to navigation
Jump to search
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Friction analogy === Analogous to friction in a classical physics mechanical system, corruption is a global inefficiency. Corruption is a type of energetic waste. Compare this aspect of our technical definition of corruption with its related, older meaning as a vernacular word in English, as putrefaction or spoilage. Corruption as defined here, is a type of friction that is inevitable in any system, because the will-to-profit is essential, and the complicated accounting to determine whether a minority’s profit is at the greater expense of the majority is generally not a tractable problem during a transaction. Often the majority is not aware of individual actions within their economy and so are not conscious of most losses from corruption.
Summary:
Please note that all contributions to DAO Governance Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
DAO Governance Wiki:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Navigation menu
Personal tools
Not logged in
Talk
Contributions
Create account
Log in
Namespaces
Page
Discussion
English
Views
Read
Edit
Edit source
View history
More
Search
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Tools
What links here
Related changes
Special pages
Page information