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Toward a Multidimensional Conceptualization of Decentralization in Blockchain Governance: Commentary on “Two Sides of the Same Coin? Decentralized versus Proprietary Blockchains and the Performance of Digital Currencies” by Cennamo, Marchesi, and Meyer

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@article{b8b56961b696495a9e90a09e32c07ebb,
title = "Toward a Multidimensional Conceptualization of Decentralization in Blockchain Governance: Commentary on “Two Sides of the Same Coin? Decentralized versus Proprietary Blockchains and the Performance of Digital Currencies” by Cennamo, Marchesi, and Meyer",
abstract = "In this commentary, we argue that studies similar to Cennamo, Marchesi, and Meyer (2020) should distinguish four dimensions of control in blockchain governance, all of which could be more or less decentralized. For some of these dimensions, decentralization is likely beneficial, while for others centralization may be preferable. Cennamo et al. (2020) provide evidence that the initial design stages of blockchain systems benefit from centralization. Future research is needed to provide empirical insights for other dimensions of control in blockchain governance.",
author = "Hanna Halaburda and Christoph Mueller-Bloch",
year = "2020",
doi = "10.5465/amd.2020.0134",
language = "English",
volume = "6",
pages = "712--714",
journal = "Academy of Management Discoveries",
issn = "2168-1007",
publisher = "Academy of Management",
number = "4",

}

RIS

TY - JOUR

T1 - Toward a Multidimensional Conceptualization of Decentralization in Blockchain Governance: Commentary on “Two Sides of the Same Coin? Decentralized versus Proprietary Blockchains and the Performance of Digital Currencies” by Cennamo, Marchesi, and Meyer

AU - Halaburda, Hanna

AU - Mueller-Bloch, Christoph

PY - 2020

Y1 - 2020

N2 - In this commentary, we argue that studies similar to Cennamo, Marchesi, and Meyer (2020) should distinguish four dimensions of control in blockchain governance, all of which could be more or less decentralized. For some of these dimensions, decentralization is likely beneficial, while for others centralization may be preferable. Cennamo et al. (2020) provide evidence that the initial design stages of blockchain systems benefit from centralization. Future research is needed to provide empirical insights for other dimensions of control in blockchain governance.

AB - In this commentary, we argue that studies similar to Cennamo, Marchesi, and Meyer (2020) should distinguish four dimensions of control in blockchain governance, all of which could be more or less decentralized. For some of these dimensions, decentralization is likely beneficial, while for others centralization may be preferable. Cennamo et al. (2020) provide evidence that the initial design stages of blockchain systems benefit from centralization. Future research is needed to provide empirical insights for other dimensions of control in blockchain governance.

U2 - 10.5465/amd.2020.0134

DO - 10.5465/amd.2020.0134

M3 - Journal article

VL - 6

SP - 712

EP - 714

JO - Academy of Management Discoveries

JF - Academy of Management Discoveries

SN - 2168-1007

IS - 4

ER -

ID: 85484592