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Jay Graber 2020-06-16 20:42:08 -07:00
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topics/governance.md
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@ -20,7 +20,9 @@ IPFS was built by the company [Protocol Labs](https://protocol.ai/), and continu
## Blockchain governance
Most blockchains are governed by companies and foundations that direct resources towards development. Only a few projects have on-chain governance, in which funding and decision-making is actually executed on a blockchain network itself.
Most blockchain protocols, like other open source projects, operate through rough consensus, guided by companies and foundations that direct resources towards development. Bitcoin has a [lead maintainer](https://blog.lopp.net/who-controls-bitcoin-core-/), who has oversight over all aspects of the project and coordinates releases. The role has been voluntarily passed along through the years. Companies such as [Chaincode Labs](https://chaincode.com/) and [Square Crypto](https://medium.com/@squarecrypto/what-were-building-lightning-development-kit-1ed58b0cab06) have contributed to funding protocol development.
Only a few projects have on-chain governance, in which funding and decision-making is actually executed on a blockchain network itself.
On-chain Governance: Dash and Decred