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What Is the Concept of ‘Minimum Viable Decentralization’ in a New Crypto Project?

Minimum Viable Decentralization (MVD) is the point at which a crypto project has distributed enough control and token ownership to withstand a critical attack or takeover, while still maintaining the efficiency needed for rapid development. In the early stages, projects are often more centralized to facilitate quick iteration and bug fixes.

MVD represents the necessary transition point where core smart contracts are immutable and governance is sufficiently distributed to the community. It is a necessary step before a project can truly claim to be a DAO.

How Does Decentralization Mitigate the Risk of a 51% Attack?
How Has the Discovery of Vulnerabilities in Hash Functions like MD5 and SHA-1 Influenced the Development of New Cryptocurrencies?
What Is the Difference between a 51% Attack and a Sybil Attack?
What Is an Initial Coin Offering (ICO) and How Does It Relate to Dapps?