Tezos is a blockchain with a first-in-kind implementation of a native governance mechanism. All proposed changes to the protocol are decided upon by the community, then pushed automatically to the network. By providing a way to decide upon and enforce upgrades in a decentralized fashion, our team believes we can launch an innovative platform that does not fall privy to the whims of a centralized core development team.

Original article: https://medium.com/@kathleenbreit/the-myth-of-the-irrational-token-holder-c12438709afd

Title: The Myth of the Irrational Token Holder: Blockchain governance doesn’t fit squarely into any existing model.

Published by: Kathleen Breitman

Publication date: February 10th 2017

Author Medium: kathleenbreit

Author Twitter: breitwoman