kaal:claim:3441904-040

On chain governance is a necessity for most public blockchains because all existing blockchains need to calibrate soft forks for protocol upgrades.

Source quote, verbatim

On-chain governance is a necessity for most public blockchains. Because all existing blockchains need to calibrate soft forks for protocol upgrades, most public blockchain communities that value decentralization have considered on-chain governance for their protocol.

From

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019), V.4 On-Chain DAO Governance, p. 36
https://ssrn.com/abstract=3441904 · source PDF

Cite as

Wulf A. Kaal, Blockchain-Based Corporate Governance (2019). SSRN: https://ssrn.com/abstract=3441904

Holds when

public blockchain communities that value decentralization

Classification

conditionsupport: arguedgovernance-designconsensus-and-securityblockchain

Related claims

extends kaal:claim:3125827-019 Any blockchain whose soft forks are decided through private communication between famous token holding whales ...

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