From 97a098fcd39d8fe51a434d87156bc8dd7eca3a64 Mon Sep 17 00:00:00 2001 From: NetWalker108 Date: Tue, 11 Apr 2023 01:06:43 +0000 Subject: [PATCH] Update governance.md Addition of Cardano to blockchain governance section. --- topics/governance.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/topics/governance.md b/topics/governance.md index 223d4ca..a2773c7 100644 --- a/topics/governance.md +++ b/topics/governance.md @@ -28,7 +28,7 @@ The SSB community has created an [Open Collective Consortium](https://opencollec 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. [DeepDAO](http://deepdao.io/) provides an updated listing of tokenized DAOs. +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. Cardano allocates 20% of block rewards to an onchain treasury which is accessible for ecosystem and infrastructure development needs via a decentralised innovation fund known as [Project Catalyst](https://projectcatalyst.io), after a vetting adn voting process done by stakeholders of the Ada currency. ## Open Source Governance Links and Resources