2018-7-2 17:09 |
Just three weeks into the launch, the spat has provided a popcorn-worthy spectacle for commentators on Crypto Twitter.
But, in reality, as a way to assess on-chain governance mechanisms such as EOS’s delegated proof-of-stake (DPOS) consensus mechanism, there’s a lot more at stake (excuse the pun) than entertainment.
In other words, the root of the problem may be the unreasonable claims being made by on-chain governance proponents.
Here, the internet’s governance offers a model, as father-and-son team Don and Alex Tapscott laid out in a useful assessment of the outlook for blockchain governance for The World Economic Forum.
And, as of now, on-chain governance models like that of EOS clearly don’t.
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