Decentralization

Thou Shalt Not Keep All Thine Eggs in a Single Basket

Maybe the best way to think about decentralization is that it's bad strategy to keep all your eggs in one basket. As we recently saw with Parler, when Amazon's AWS booted them off the service, everything went down for weeks because Parler was centralized at Amazon. It was a single point of failure that they had no control over, and it failed.

Our DAO is decentralized in a couple of very important ways.

First, there's no leaders, owners or other entities who control everything. Power is spread out across all the token holders who can vote on how things run around here. Nobody can just run away with the treasury because nobody has the power to do so. The power lies with the voters, and there's no way around it.

Second, the DAO software doesn't run on a server, but rather exists as a series of contracts that are part of the larger blockchain. It's not on one server, it's on millions of servers around the world. Simply put, Donald DAO can't be stopped, shut down, cancelled or deleted. Where the blockchain exists, we exist within it. We don't pay a company to host it every month, it just always exists for free.

Decentralization is a key concept in our personal lives too. Staying safe and independent in a world where banks are cancelling good customer's accounts, people are getting fired from jobs for posts they made on Twitter 6 years ago, businesses are being burned to the ground and lives are being ruined. We need to protect ourselves, and decentralization can help with that.