A serial crypto architect Koichi Hatta argues that the debate between centralized teams and DAOs is a matter of timing rather than a moral choice. He views early-stage centralization as “scaffolding”—necessary for fast, coordinated execution and security during a protocol’s infancy. The Scaffolding Theory of Governance In the volatile landscape of decentralized finance, the word […]
Source: https://news.bitcoin.com/are-daos-pipe-dreams-nonpc-founder-says-discipline-not-privilege-decides-survival/








