Why call it ‘dynamic hierarchy’? Why not ‘dynamic structure’?
Hierarchy comes with the baggage of status and authority. Structure has no such preconceived notions associated with it.
If you have not done so already, you may also wish to check out the book “The Starfish and the Spider: The Unstoppable Power of Leaderless Organizations” by Ori Brafman and Rod Beckstrom. One of my favourite books on this and related concepts.