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    a16z suggests Machiavelli to repair decentralized governance

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    Ideas written virtually 500 years in the past by Niccolò Machiavelli — writer of the controversial political work The Prince — are the answer to fixing decentralized governance points in autonomous organizations, in accordance to a weblog submit by enterprise capital agency Andreessen Horowitz (a16z).

    The piece is signed by a16z’s common counsel and head of decentralization, Miles Jennings, who believes that “making use of Machiavellian ideas to decentralized governance in web3 can handle present shortcomings.” Based on Jennings, Machiavelli’s philosophy has a realistic understanding of struggles of social energy, that are just like these skilled by crypto protocols and their decentralized autonomous organizations (DAOs).

    Instance of governance system based mostly on delegate council. Supply: a16z Crypto

    Proceed Studying on Coin Telegraph

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