Post by Jesse Walden: This is a must read for founders building compliant, user-owned networks that can't easily be fully,...

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Jesse Walden @JesseWalden · Apr 8, 2022

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This is a must read for founders building compliant, user-owned networks that can't easily be fully, technically decentralized. “Open Decentralization” rhymes nicely w/ ideas I've explored on the optimal equilibrium btwn protocol treasuries and products building atop..

Tweet Apr 7, 2022

2/ The heart of the piece discusses the model of "Full" Decentralization used throughout DeFi and how its limitations may ultimately make it unsuitable for most of web3 beyond DeFi. I then analyze a more complex model of "Open" Decentralization for w

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