As Blockchains Push Towards Decentralization, These Folks Function Final Guardians

As Blockchains Push Towards Decentralization, These Folks Function Final Guardians

by Jeremy

The purpose of those “protocol councils,” typically known as “safety councils,” is to nudge the nascent networks towards growing decentralization, by step by step eradicating them from underneath the management of their authentic builders. Earlier than reducing the twine fully, the place the networks primarily run routinely, or topic to some type of democratic course of, the pondering is {that a} panel of well-meaning people can function the final word guardians – capable of step in shortly when emergencies come up, or offering the ultimate sign-off on main protocol adjustments.

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