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Update design/preexisting/topics/governance.md

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Golda Velez 2020-09-21 08:15:51 +00:00
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@ -26,9 +26,9 @@ The SSB community has created an [Open Collective Consortium](https://opencollec
## Blockchain governance
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) contribute to funding protocol development.
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) contribute to funding protocol development. The [Blockchain Governance Initiative Network](https://bgin-global.org/) recently formed for collaboration on issues.
A few projects have experimented with on-chain governance, in which funding and decision-making is executed in a decentralized manner linked to the blockchain itself. Dash allows masternodes to cast votes for how to [allocate a "treasury"](https://www.dash.org/2017/09/07/dashdecentral/), consisting of ten percent of the block awards, to pay for projects that benefit Dash. Decred has a similar treasury allocation process, and uses a [blockchain-anchored proposal system](https://decred.org/adaptability/) to submit and vote on proposals.
A few projects have experimented with on-chain governance, in which funding and decision-making is executed in a decentralized manner linked to the blockchain itself. Dash allows masternodes to cast votes for how to [allocate a "treasury"](https://www.dash.org/2017/09/07/dashdecentral/), consisting of ten percent of the block awards, to pay for projects that benefit Dash. Decred has a similar treasury allocation process, and uses a [blockchain-anchored proposal system](https://decred.org/adaptability/) to submit and vote on proposals. [DeepDAO](http://deepdao.io/) provides an updated listing of tokenized DAOs.
## Open Source Governance Links and Resources