What question did this study set out to answer?

This paper aims to explore the limitations and failures of decentralized governance through the lens of consensus networks.

June 11, 2026Open Access

The Fatal Conceit of Consensus Networks: Why Decentralized Governance Fails

Key Points

This paper aims to explore the limitations and failures of decentralized governance through the lens of consensus networks.
Analysis of existing literature on decentralized governance and consensus mechanisms.
Examination of case studies highlighting governance failures in social systems.
Identified key factors contributing to the failure of consensus networks in decentralized governance.
Demonstrated that reliance on consensus can lead to suboptimal decision-making outcomes.

Abstract

Archived open-access copy of a working paper previously listed in the SSRN archive of the Lerer research program. Original SSRN record: https: //papers. ssrn. com/sol3/papers. cfm? abstractᵢd=6001434. This Zenodo record is part of a consolidation pass from SSRN-hosted PDFs to durable Zenodo records.

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Cite This Study

Ignacio Adrián LERER (Tue,) studied this question.

synapsesocial.com/papers/6a2a533380c8f91e7f39ed53 https://doi.org/https://doi.org/10.5281/zenodo.20612976