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This article surveys the state of DLT governance, identifies critical vulnerabilities, and highlights the absence of universally accepted best practices for good governance. By bridging insights from cryptography, social choice theory, and e-voting systems, we not only present a comprehensive taxonomy of governance properties essential for safeguarding DLTs but also point to technical solutions that can deliver these properties in practice. This work underscores the urgent need for robust, transparent, and enforceable governance mechanisms. Ensuring good governance is not merely a technical necessity but a societal imperative to protect the public interest, maintain trust, and realize the transformative potential of DLTs for social good.<\/jats:p>","DOI":"10.1145\/3731566","type":"journal-article","created":{"date-parts":[[2025,5,22]],"date-time":"2025-05-22T07:36:13Z","timestamp":1747899373000},"page":"1-21","update-policy":"https:\/\/doi.org\/10.1145\/crossmark-policy","source":"Crossref","is-referenced-by-count":0,"title":["Vulnerabilities that Arise from Poor Governance in Distributed Ledger Technologies"],"prefix":"10.1145","volume":"6","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-5342-3037","authenticated-orcid":false,"given":"Aida","family":"Manzano Kharman","sequence":"first","affiliation":[{"name":"Imperial College London - South Kensington Campus","place":["London, United Kingdom of Great Britain and Northern Ireland"]}],"role":[{"role":"author","vocabulary":"crossref"}]},{"ORCID":"https:\/\/orcid.org\/0009-0002-2970-4856","authenticated-orcid":false,"given":"William","family":"Sanders","sequence":"additional","affiliation":[{"name":"IOTA Foundation","place":["Berlin, Germany"]}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"320","published-online":{"date-parts":[[2025,8,28]]},"reference":[{"key":"e_1_3_3_2_2","unstructured":"Accenture and the Depository Trust and Clearing Corporation (DTCC). 2019. 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