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web3/concepts/distribution-problem.md

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Distribution Problem

The distribution problem refers to a set of hypothetical solutions to achieve a equitable (or other property) of distribution in the bootstrapping of a private-money. Effectively how to distribute the currency to early adopters to achieve some end.

An alleged solution to this problem comes attached to a presuppositional claim about what equity would be defined as, which is a political rather than economic claim.

See also decentralization and recentralization.

References

  1. Walch, Angela. 2019. ‘Deconstructing ‘Decentralization’: Exploring the Core Claim of Crypto Systems’. C. Brummer (Ed.), Crypto Assets: Legal and Monetary Perspectives, 1–36. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3326244.
  2. Becker, Moritz. 2019. ‘Blockchain and the Promise (s) of Decentralisation : A Sociological Investigation of the Sociotechnical Imaginaries of Blockchain’. In Proceedings of the STS Conference Graz 2019, 6–30. https://doi.org/10.3217/978-3-85125-668-0-02.
  3. Soatok. 2021. ‘Against Web3 and Faux-Decentralization’. Dhole Moments. 19 October 2021. https://soatok.blog/2021/10/19/against-web3-and-faux-decentralization/.
  4. Zhang, Zhexi. 2019. ‘The Aesthetics of Decentralization’. PhD Thesis, Massachusetts Institute of Technology. https://dspace.mit.edu/handle/1721.1/123614.
  5. Allen, Hilary J. 2022. ‘DeFi: Shadow Banking 2.0?’ William & Mary Law Review, Forthcoming.
  6. Tante. 2021. ‘The Third Web’. Nodes in a Social Network (blog). 17 December 2021. https://tante.cc/2021/12/17/the-third-web/.
  7. Weaver, Nicholas. 2021. ‘The Web3 Fraud’. USENIX. 16 December 2021. https://www.usenix.org/publications/loginonline/web3-fraud.
  8. Babu, Asvatha. 2020. ‘Behind the Veil of Decentralization: Analyzing Blockchain Frames and Sponsors in US News’. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3749482.
  9. Bodó, Balázs, Jaya Klara Brekke, and Jaap Henk Hoepman. 2021. ‘Decentralisation: A Multidisciplinary Perspective’. Internet Policy Review 10 (2): 0–21. https://doi.org/10.14763/2021.2.1563.
  10. Garrod, J. Z. 2016. ‘The Real World of the Decentralized Autonomous Society’. TripleC 14 (1): 62–77. https://doi.org/10.31269/triplec.v14i1.692.
  11. Halpin, Harry. 2020. ‘Deconstructing the Decentralization Trilemma’. ICETE 2020 - Proceedings of the 17th International Joint Conference on e-Business and Telecommunications 3: 505–12. https://doi.org/10.5220/0009892405050512.