Risk of Centralized Voting for MakerDAO, Tezos, and Decred Abounds

Tezos, MakerDAO, and Decred show signs of plutocracy, thanks to concentrated token supplies and on-chain governance. CoinMetrics surveyed three blockchains with on-chain governance and discovered that their coin supplies are highly centralized among a small number of coinholders. The survey, published on Dec. 10, examines Tezos, Maker, and Decred — three blockchains that make development decisions […]The post Risk of Centralized Voting for MakerDAO, Tezos, and Decred Abounds appeared first on Crypto Briefing.