BlockShots: Blockchain Simplified

Episode 13 - Blockchain Governance


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Blockchains are decentralized systems. There is no single point of control or administration. In contrast to other IT systems, there is no admin in a blockchain. Instead, blockchains are governed.

To make updates to the rules of a blockchain, every participant must agree directly or indirectly. Blockchain governance comprises the processes to coordinate this agreement.

In this episode, we understand different ways of doing blockchain governance.



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BlockShots: Blockchain SimplifiedBy Gautam Dhameja (web3gautam)