TLDR
Governance is about making decisions regarding the development and operations of a project. Decentralization is the process of distributing and dispersing the power of a central authority. Most crypto projects have decided to not register as companies owned by their founders, publicly-listed companies, or limited liability companies. This is because those models describe for-profit organizations; with objectives that go against the idea of decentralization.via the TL;DR App
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Written by obyte | A ledger without middlemen