Authority-Based Decision Making refers to a system where decisions in a cryptocurrency project are made by a select group of individuals or entities rather than through consensus among all stakeholders. This model often includes founders, developers, or a governing body that has the final say in important matters, such as upgrades, policy changes, or fund allocation.In this approach, the decision-making power is centralized, which can lead to faster resolutions. However, it may also raise concerns about transparency and fairness. Stakeholders who are not part of the authority can feel marginalized, as their voices may be overlooked.This method contrasts with decentralized decision-making, where community voting or consensus protocols are used to ensure broader participation. While authority-based models can facilitate quick actions, they can also lead to distrust among community members who expect a more democratic process in the management of their investments and the project’s future.