The Importance of History In Decentralization
Craig Calcaterra, Wulf A. Kaal · 2021
Chapter 9 emphasizes the role of history in the creation of decentralized organiza- tions. Access to historical records creates transparency and accountability and enables punishment and rewards in decentralized organizations which changes the motiva- tions of members from a focus on immediate rewards to the future, encouraging de- layed gratification and sacrifice for the good of the group. Historical review changes the game theoretical perspective from a single stage game, to a repeated game. This leads to more efficient cooperation instead of internal competition. Review helps cre- ate a decentralized history for decentralized organizations, which gives them momen- tum. History is the basis for making governance more effective. History brings clarity and stability. The book can be accessed here: https://www.amazon.com/Decentralization-Technologies-Organizational-Societal-Struc- ture/dp/3110673924/ and here: https://www.degruyter.com/view/title/569051 Chapter 9. Historiography We are not makers of history. We are made by history. --Martin Luther King, Jr., Strength to Love (JKLM) Dual to cryptography, which is the process of writing secrets, historiography is the process of distilling and sharing information publicly. Historiography is the way you choose to write the past—how it’s recorded, what information is stressed as im- portant, how it is presented. Do we present history as a list of the important decisions kings and queens have made, or do we stress the social developments that provoked Electronic copy available at: https://ssrn.com/abstract=3782217
Cite: Craig Calcaterra, Wulf A. Kaal, The Importance of History In Decentralization (2021). SSRN: https://ssrn.com/abstract=3782217. https://doi.org/10.2139/ssrn.3782217
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