Decentralization: Difference between revisions

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Decentralization is the opposite of centralization. [[wikipedia:Decentralization|Decentralization]] is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfect democracy.
Decentralization is the opposite of centralization. [[wikipedia:Decentralization|Decentralization]] is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfectly flat [[wikipedia:Direct_democracy|democracy]].


Creating organizations which are decentralized (DAOs) is the primary goal of the [[DAO Governance Framework project|DGF Project]]. Decentraliation is practically enabled through the use of [[P2P technology|P2P]] tools of blockchains, distributed hash tables (DHTs), and smart contracts.  
Creating organizations which are decentralized (DAOs) is the primary goal of the [[DAO Governance Framework project|DGF Project]]. Decentraliation is practically enabled through the use of [[P2P technology|P2P]] tools. [[DAO Governance Framework|DGF]] encourages the success and long-term stability of DAOs by providing a governance framework designed for enabling decentralized control of for-profit organization by international pseudonymous participants, so-called [[DAO#Primary DAOs|primary DAOs]].


== Properties ==
== Properties ==

Latest revision as of 18:18, 9 April 2023

Decentralization is the opposite of centralization. Decentralization is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfectly flat democracy.

Creating organizations which are decentralized (DAOs) is the primary goal of the DGF Project. Decentraliation is practically enabled through the use of P2P tools. DGF encourages the success and long-term stability of DAOs by providing a governance framework designed for enabling decentralized control of for-profit organization by international pseudonymous participants, so-called primary DAOs.

Properties[edit | edit source]

Decentralization

Measures of decentralization[edit | edit source]