From ebcca456533014a81247b7645e3c0c1ab32c5155 Mon Sep 17 00:00:00 2001 From: Jay Graber Date: Tue, 16 Jun 2020 20:49:36 -0700 Subject: [PATCH] Edit governance --- topics/governance.md | 8 ++------ 1 file changed, 2 insertions(+), 6 deletions(-) diff --git a/topics/governance.md b/topics/governance.md index 864a215..4bbcefd 100644 --- a/topics/governance.md +++ b/topics/governance.md @@ -20,13 +20,9 @@ IPFS was built by the company [Protocol Labs](https://protocol.ai/), and continu ## 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) have contributed 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. -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 - -[Decentralized Network Governance: Blockchain Technology and the Future of Regulation](https://www.frontiersin.org/articles/10.3389/fbloc.2020.00012/full) +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. ## Open Source Governance Links and Resources