Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
Free 30-min Web3 Consultation
Book Consultation
Smart Contract Security Audits
View Audit Services
Custom DeFi Protocol Development
Explore DeFi
Full-Stack Web3 dApp Development
View App Services
decentralized-science-desci-fixing-research
Blog

Why Your IRB Is Obsolete in a Web3 World

A first-principles analysis of why traditional Institutional Review Boards are a bottleneck for global, decentralized clinical trials, and how token-governed DAOs offer a more dynamic, transparent, and scalable alternative.

introduction
THE OBSOLESCENCE EVENT

Introduction

Traditional investor relations strategies fail in a decentralized ecosystem where data is transparent and community sentiment is the ultimate metric.

Your IRB is a black box in a transparent world. On-chain analytics from Dune Analytics and Nansen provide real-time, verifiable metrics on user growth, treasury flows, and protocol revenue, rendering curated quarterly reports obsolete.

Community sentiment dictates valuation, not press releases. A governance proposal on Snapshot or a trending thread on Warpscan moves markets faster than any analyst call, as seen in the rapid price reactions to Uniswap and Aave governance votes.

The new IR toolkit is on-chain. Success is measured by Total Value Locked (TVL) growth, fee generation, and developer activity on platforms like Gitcoin, not by traditional engagement metrics. Protocols like Lido and MakerDAO are benchmarked against these live dashboards daily.

thesis-statement
THE OBSOLESCENCE

Thesis Statement

Traditional investor relations platforms are structurally incompatible with the composable, data-rich, and user-owned nature of Web3.

Web3 inverts the data model. Your IRB aggregates static, self-reported data. On-chain activity like wallet interactions with Uniswap or Aave provides a real-time, verifiable ledger of user and protocol health.

Composability breaks the silo. Your platform is a closed database. Web3 data stacks like The Graph and Dune Analytics enable anyone to query, visualize, and build on top of raw chain data, making curated reports redundant.

The user owns the relationship. Your IRB manages a mailing list. Token holders engage via governance platforms like Snapshot and Tally, where their stake directly translates to influence and access.

Evidence: Protocols like Lido and Compound conduct all major governance and treasury operations on-chain, rendering traditional quarterly reporting cycles and PDF decks obsolete for core stakeholders.

WHY YOUR IRB IS OBSOLETE

IRB vs. Ethics DAO: A Feature Matrix

A first-principles comparison of traditional Institutional Review Boards and on-chain Ethics DAOs for governing human-centric research.

Feature / MetricTraditional IRBOn-Chain Ethics DAO

Decision Latency

2-6 weeks

< 24 hours

Reviewer Compensation

$0 (Volunteer)

$50 per review (Token-incentivized)

Audit Trail

Internal PDFs

Public, immutable on-chain record

Participant Consent Mechanism

Paper forms, centralized DB

Programmable smart contracts (e.g., EIP-712 signatures)

Global Jurisdiction Support

Stakeholder Voting Weight

Fixed (Institution-appointed)

Dynamic (Token-curated, reputation-based)

Transparency to Public

0% (Opaque)

100% (Fully transparent)

Integration with DeFi Trials

deep-dive
THE INSTITUTIONAL UPGRADE

Deep Dive: The Mechanics of an Ethics DAO

Ethics DAOs replace centralized IRBs with transparent, on-chain governance for research oversight.

On-chain governance replaces bureaucracy. A traditional Institutional Review Board (IRB) is a black-box committee. An Ethics DAO codifies review criteria into verifiable smart contracts on platforms like Aragon or Tally, making approval logic and voting records immutable and public.

Stake-weighted voting ensures accountability. Unlike an IRB's appointed members, an Ethics DAO's voting power is tied to staked tokens. This aligns incentives, as bad actors face direct slashing penalties through mechanisms similar to Osmosis or Lido's staking modules.

Automated compliance is the killer feature. Smart contracts automatically enforce pre-approved research parameters. Deviations, like unauthorized data usage, trigger automatic fund freezes, a process more reliable than manual IRB audits.

Evidence: VitaDAO, a biotech collective, has allocated over $4M to longevity research via member-governed proposals, demonstrating operational scale impossible for a traditional IRB.

counter-argument
THE INCENTIVE MISMATCH

Counter-Argument: Isn't This Just Governance Theater?

Traditional IRBs fail because they rely on centralized governance to manage decentralized, incentive-driven systems.

Incentives supersede policy documents. A DAO's on-chain treasury and tokenomics dictate behavior more powerfully than any manual review. An IRB cannot audit a smart contract's immutable incentive structure after deployment.

Web3 risk is systemic, not project-specific. A protocol like Aave or Compound creates financial risk vectors that span its entire ecosystem. An isolated IRB review misses the composability risk that emerges when protocols interact.

The attack surface is the network. Security is now a function of validators (e.g., Lido, EigenLayer), bridge relayers (e.g., Across, LayerZero), and oracle networks (e.g., Chainlink). A project-centric IRB cannot assess these external dependencies.

Evidence: The 2022 $625M Ronin Bridge hack bypassed all internal governance; security failed at the validator key management level, a risk no project IRB is structured to evaluate.

protocol-spotlight
WHY YOUR IRB IS OBSOLETE

Protocol Spotlight: Early Experiments in Decentralized Governance

Traditional Institutional Review Boards (IRBs) are slow, centralized, and geographically bound. On-chain governance experiments are building the infrastructure for real-time, transparent, and globally accessible research oversight.

01

The Problem: The Paper-Based Bottleneck

Legacy IRB approval is a sequential, manual process with ~30-90 day review cycles. It creates a single point of failure, lacks transparency, and cannot scale for global, decentralized clinical trials (dCTs).

  • Key Benefit 1: On-chain proposals create an immutable, timestamped audit trail.
  • Key Benefit 2: Automated compliance checks via smart contracts can slash administrative overhead by -70%.
30-90d
Legacy Cycle
-70%
Admin Cost
02

The Solution: MolochDAO's Minimal Viable Governance

MolochDAO pioneered ragequit and guildkick mechanisms, creating a template for permissionless, exit-based governance. This is the foundational model for a decentralized ethics committee.

  • Key Benefit 1: Ragequit allows members to exit with their funds if a proposal passes, enforcing real-time accountability.
  • Key Benefit 2: Guildkick provides a mechanism to remove malicious actors, protecting the committee's integrity.
100%
Exit Rights
On-Chain
Transparency
03

The Solution: Optimistic Governance & Kleros Courts

Combining optimistic approval (assume good faith) with decentralized dispute resolution from Kleros creates a high-throughput, fraud-proof system. Proposals pass instantly but can be challenged and overturned by a jury of tokenholders.

  • Key Benefit 1: Reduces decision latency from months to ~1-7 days (challenge period).
  • Key Benefit 2: Leverages cryptoeconomic incentives to align jurors with truth, not institutional bias.
1-7d
Decision Window
$10M+
Disputed Value
04

The Problem: Geographic Jurisdictional Hell

An IRB in the US has no authority over a trial participant in Singapore. Web3 governance is jurisdiction-agnostic, executing rules as code that apply uniformly to all participants, enabled by oracles like Chainlink for real-world data.

  • Key Benefit 1: Enables truly global, compliant participant cohorts for rare disease studies.
  • Key Benefit 2: Smart contract-based consent can be revoked or updated by the participant at any time, globally.
0
Geo-Boundaries
24/7
Access
05

The Solution: Compound's Delegated Voting & veTokenomics

Delegated voting (like Compound Governor) allows tokenholders to delegate their voting power to domain experts (e.g., bioethicists). veToken models (inspired by Curve/balancer) align long-term incentives, preventing short-term exploitation.

  • Key Benefit 1: Creates a professional class of delegated ethics stewards with skin in the game.
  • Key Benefit 2: Time-locked voting power ensures decision-makers are committed to long-term protocol health.
Expert-Led
Decisions
Long-Term
Alignment
06

The Future: Autonomous IRB as a Public Good

The end-state is a permissionless, modular governance stack—combining Moloch frameworks, Kleros courts, and Optimism's retroactive funding—to create a self-sustaining, global ethics infrastructure funded by the protocols it serves.

  • Key Benefit 1: Retroactive Public Goods Funding ensures the system evolves without centralized grants.
  • Key Benefit 2: Modular design allows for forking and specialization (e.g., a dedicated IRB for genetic data trials).
Modular
Stack
Self-Funding
Model
risk-analysis
WHY YOUR IRB IS OBSOLETE

Risk Analysis: What Could Go Wrong?

Traditional Institutional Review Boards (IRBs) are structurally incapable of governing decentralized research, creating critical compliance and liability gaps.

01

Jurisdictional Black Hole

IRBs are bound by national law, but on-chain research is inherently global. A protocol's validators and governance token holders are pseudonymous and geographically dispersed, making enforcement of human subjects protections legally impossible.

  • Problem: No authority can compel a DAO in the Caymans to comply with a US IRB's suspension order.
  • Consequence: Researchers bear sole liability for ungovernable, cross-border data collection.
0
Enforceable Jurisdictions
100+
Potential Jurisdictions
02

The Pseudonymity Paradox

IRBs require informed consent from identifiable persons. On-chain actors are wallet addresses. De-anonymization via chain analysis (e.g., Nansen, Arkham) is probabilistic, not definitive, and violates privacy norms.

  • Problem: You cannot obtain consent from 0x742d.... Attempting to deanonymize for consent breaches the privacy expectation you're meant to protect.
  • Consequence: All permissionless blockchain research is retroactively non-compliant, invalidating published work.
~0%
Consent Possible
High
Reputational Risk
03

Smart Contract as Unstoppable Experiment

An IRB-approved study has a defined end. A live smart contract or governance proposal is immutable and perpetual. You cannot halt the 'experiment' if risks emerge, violating the core ethical principle of beneficence.

  • Problem: A buggy DeFi pool or NFT airdrop mechanism continues to operate and affect users indefinitely after your paper is published.
  • Consequence: Researchers are ethically responsible for perpetual, uncontrolled externalities of their deployed code.
Infinite
Study Duration
Immutable
Protocol Halts
04

Data Integrity vs. Chain Reorgs

IRB protocols assume data integrity. Public blockchains like Ethereum and Solana experience chain reorganizations, where transaction history is rewritten, invalidating 'observed' data.

  • Problem: Your dataset of wallet interactions is not a static record; it can change post-hoc due to consensus mechanics.
  • Consequence: Research findings based on a specific blockchain state are fundamentally non-reproducible, a cardinal sin in academia.
Non-Reproducible
Findings
7+ Blocks
Reorg Depth
05

The MEV Blind Spot

IRBs review stated research procedures. They cannot account for Maximal Extractable Value (MEV)—latent, profitable reordering of transactions by searchers and validators that alters experimental conditions.

  • Problem: Your study of DEX arbitrage inadvertently creates a profitable MEV opportunity, distorting the very market behavior you're observing.
  • Consequence: The research intervention is unknowingly and uncontrollably amplified by the protocol's economic layer, skewing all results.
$1B+
Annual MEV
Uncontrollable
Variable
06

Liability for Forked Code

Open-source Web3 code is forked constantly. Your research deployment on Ethereum Mainnet can be copied and deployed on Avalanche, Polygon, or Base by unknown parties, carrying your 'IRB-approved' branding into unregulated contexts.

  • Problem: You are liable for the ethical conduct of research you did not authorize, on chains you did not target, with users you cannot identify.
  • Consequence: Unlimited, recursive liability exposure that D&O insurance and university counsels are not equipped to model.
Unlimited
Fork Liability
10+
Major L2s/Chains
future-outlook
THE OBSOLESCENCE EVENT

Future Outlook: The Hybrid Transition

The future of blockchain infrastructure is a hybrid model that renders isolated, single-chain IRBs obsolete.

The IRB is a dead-end architecture. It creates a siloed liquidity pool and user experience, which directly contradicts the composable, multi-chain future defined by Ethereum L2s, Solana, and Cosmos app-chains.

Intent-based architectures are the successor. Protocols like UniswapX and Across abstract chain selection, using solvers and atomic transactions to route users to the best liquidity, making the user's native chain irrelevant.

The winning stack is a modular IRB. Future infrastructure will separate settlement, execution, and data availability, mirroring the Celestia/EigenLayer paradigm, allowing the 'bridge' to become a stateless verification layer.

Evidence: Across Protocol's volume surged by outsourcing solver competition, while native bridging on Arbitrum and Optimism stagnates, proving demand shifts to abstracted, user-centric models.

takeaways
THE END OF THE OLD GUARD

Key Takeaways

Traditional Infrastructure Reliability Benchmarks (IRBs) measure the wrong things for Web3, where composability and finality are the new KPIs.

01

The Problem: Measuring Uptime in a World of Forks

A 99.99% uptime SLA is meaningless if your node is on the wrong chain fork. Web3's security model is probabilistic finality, not constant availability.\n- Finality is the real SLA: Latency to transaction finality is the critical metric, not API endpoint uptime.\n- Fork detection is mandatory: Infrastructure must monitor chain reorganizations, not just HTTP status codes.

0%
Relevance of Uptime SLA
12s-15min
Finality Latency Range
02

The Solution: Intent-Based Architectures (UniswapX, Across)

Users express desired outcomes, not transactions. This shifts the reliability burden from your RPC to a network of solvers and fillers.\n- User doesn't hold gas: Execution complexity and chain selection are abstracted away.\n- Redundant execution paths: A network of fillers competes to fulfill the intent, creating inherent redundancy and better pricing.

~500ms
Quote Latency
$10B+
Protected Volume
03

The Problem: The Monolithic RPC Bottleneck

A single RPC provider is a central point of failure and censorship. It cannot keep pace with the state growth of chains like Solana or Arbitrum.\n- State bloat kills sync: Full nodes require terabytes of storage, making self-hosting impractical.\n- Censorship vector: A centralized RPC can be forced to filter transactions, breaking protocol neutrality.

2-4 TB
Full Node Storage
1
Point of Failure
04

The Solution: Specialized RPC Networks & Light Clients

Infrastructure is unbundling into specialized layers for data, execution, and consensus. Light clients verify headers, not store state.\n- Modular RPCs: Use EigenDA for data, a rollup sequencer for execution, and a light client for verification.\n- Censorship resistance: Distributed RPC networks like POKT or Lava provide geographic and provider diversity.

-90%
Infra Cost
1000+
Node Providers
05

The Problem: Static Load Balancing vs. Gas Price Volatility

Traditional load balancers distribute traffic evenly. In Web3, you must route requests based on real-time chain conditions and gas auctions.\n- Cost overruns: Sending a tx during a spike can cost 10x more.\n- Stuck transactions: Static routing fails when a chain is congested or a base fee surge occurs.

10x
Gas Cost Variance
~12s
Base Fee Update Interval
06

The Solution: MEV-Aware Transaction Management

Infrastructure must be aware of the mempool and block builder markets. This means dynamic routing, private transaction pools, and bundle simulation.\n- Route to profit: Send transactions to builders or chains offering the best inclusion guarantees (e.g., Flashbots Protect, BloxRoute).\n- Simulate everything: Pre-execute bundles to avoid failed transactions and wasted gas.

$1.5B+
Annual MEV Extracted
95%+
Bundle Success Rate
ENQUIRY

Get In Touch
today.

Our experts will offer a free quote and a 30min call to discuss your project.

NDA Protected
24h Response
Directly to Engineering Team
10+
Protocols Shipped
$20M+
TVL Overall
NDA Protected Directly to Engineering Team
Why Your IRB Is Obsolete in a Web3 World | ChainScore Blog