Episode 109 - On-chain vs Off-chain Governance

BlockShots: Blockchain Simplified

Sisällön tarjoaa Gautam Dhameja. Gautam Dhameja tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

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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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#Tech #Podcasting Education #Blockchain For Beginners