Episode 109 - On-chain vs Off-chain Governance
Update: 2024-01-15
Description
In this episode, we understand the two ways of doing blockchain governance - on-chain and off-chain.
When the decisions to update the blockchain software are driven by processes off the chain (online forums, meetups, etc.) then it leads to off-chain governance.
When the decisions are made using a voting process that is recorded on the blockchain (as transactions) and when the update of the blockchain is driven via this voting, then it is on-chain governance.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.blockshots.net
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