Why Is a High Degree of Centralization Often Necessary during a Project’s Bootstrap Phase?
During the initial bootstrap phase, a high degree of centralization (e.g. core team control) is necessary for speed, efficiency, and rapid iteration. The code is new and likely contains bugs, requiring quick fixes and upgrades without a slow, multi-day governance vote.
Centralized control allows for swift strategic decisions, immediate security patches, and efficient resource deployment. This initial efficiency is traded for decentralization, with the explicit goal of gradually decentralizing once the protocol is mature and secure.