On-Chain Governance and What It Means for the Crypto Community With Changelly’s Eric Benz

On-Chain Governance and What It Means for the Crypto Community With Changelly’s Eric Benz
фото показано с : btcmanager.com

2020-2-13 20:00

One of the biggest questions around blockchain systems over the past few years has been the viability of on-chain structures of self-governance. Various people in the industry, including Vitalik Buterin, have devoted significant time to analyzing the pros and cons of on-chain governance.

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Tezos is a novel blockchain, another “Ethereum killer” that was first proposed in a paper released in Aug. 2014 with more specifics announced in a whitepaper released in Sept. 2014. The Tezos blockchain is designed with a focus on on-chain governance, allowing token holders to vote for proposed changes to functionality in order to avoid […] The post Tezos (XTZ) Price Prediction 2019 – Are The Turbulent Times Behind XTZ? appeared first on CaptainAltcoin.

2019-3-18 20:11


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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


A chain is only as strong as its weakest link, and in a blockchain that link lies in the form of its founders.

The greatest challenge that new blockchains must solve isn’t speed or scaling – it’s governance. Nobody Else Has Either Governance: Easy to Define, Hard to Achieve There wasn’t much thought given to on-chain governance when bitcoin was created; Satoshi was too busy reinventing the wheel on several other fronts. Dash first popularized the concept of

2018-7-16 10:34