Governance

Blockchain governance refers to the set of rules, processes, and decision-making mechanisms that guide how a blockchain network operates. It involves the coordination and management of the different stakeholders in a decentralized network to ensure the system runs smoothly, securely, and transparently. The governance structure typically includes a core development team responsible for maintaining and updating the blockchain software, as well as a community of users and investors who contribute to the network's growth and development. Decisions are made through various mechanisms, including voting systems, consensus algorithms, and stakeholder feedback. The goal of blockchain governance is to ensure the network remains decentralized, secure, and able to adapt to changing circumstances while ensuring the interests of all stakeholders are represented.