Self-judgment refers to the ability of individuals or decentralized autonomous organizations within a blockchain ecosystem to make decisions independently. In a decentralized context, it implies reliance on transparent rules in smart contracts and community consensus for dispute resolution. This concept is fundamental to decentralization, promoting autonomy and reducing the need for trusted intermediaries. It underpins systems where participants verify and enforce rules themselves.
Context
Self-judgment is a core principle in decentralized governance models and the operation of DAOs within the crypto space. Discussions often address the challenges of achieving fair and efficient decision-making without centralized oversight. The ongoing evolution of governance mechanisms and dispute resolution protocols reflects efforts to refine self-judgment in practice.
This research introduces a novel "digital court" smart contract, leveraging behavioral incentives to enable self-enforcing agreements on blockchains, circumventing traditional legal enforcement.
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