The Invisible Enemy of Coordination Failure

Written by futuristiclawyer | Published 2022/10/24
Tech Story Tags: web3 | daos | moloch | bitcoin | game-theory | god-of-coordination-failure | coordination-failure | hackernoon-top-story | hackernoon-es | hackernoon-hi | hackernoon-zh | hackernoon-vi | hackernoon-fr | hackernoon-pt | hackernoon-ja

TLDRMolochDAO introduced the idea of “Moloch’s” in the 2018-2019 ETH bear market. Moloch is the image of coordination failure, which humans have struggled with for centuries and need to overcome to ensure the long-term survival of our species. The Moloch meme never gained much popularity or attention outside of crypto Twitter or a few echo chambers. I think the idea concretizes the rather abstract problems DAOs and the Web 3 movement strives to solve.via the TL;DR App
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Written by futuristiclawyer | Legal background, interested in business and tech. www.futuristiclawyer.com
Published by HackerNoon on 2022/10/24
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