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Governance Theater
Entry #0950
Why decentralised governance often has one point of decision
Behind distributed voting there is usually a single control point — a key, a multisig, a founder — where real authority sits, so decentralisation is the surface only.
Adept
The hidden part
#0950
Trace the authority and decentralised governance usually ends at one key or multisig. The distributed vote is the surface, not the core.