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I think this is an interesting example but it doesn't address the concerns that a single actor could modify the program behavior at will, making the system hard

I think this is an interesting example but it doesn't address the concerns that a single actor could modify the program behavior at will, making the system hard to trust if multiple parties are trying to benefit from it. I believe a key idea of autonomous corporations is the inability of a single participant to alter it's function without consensus of other participants. Does anyone have an example other than the BTC blockchain that provides a valuable service guaranteeing consensus is required for changes to the system's behavior?

pyoung 13y ago
Seems like consensus is the tricky part. In the case of the affiliate link example, where all of the business is online, you could host the code under a version control system that allows people to fork and modify the code, but requires majority approval for that code to get deployed. Also if all of the financial assets are in BTC, you could have a corporate wallet that is governed similarly (so expenses and disbursements need to be approved by the majority). Of course this isn't exactly an 'autonomous' system, more like a decentralized system.