quartz/content/notes/governance.md
2022-11-11 11:43:58 +13:00

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Markdown

---
title: "governance"
aliases:
tags:
- blockchain
---
A structure through which a participant or user of a system agrees to use the system
There are three key elements of governance: Rulers, Rules and Participants. The rulers set the rules based on the participants goals and needs.
Governance types:
- Standard (e.g., corporations, non-profits, partnerships &c)
- Direct (each user takes part in the governance model by directly affecting every decision. Votes determine the actions)
- Representative (user vote to choose a representative who makes decisions on their behalf)
- Blockchain (managing the ever changing state of the blockchain's needs nand demands)
- Off-chain
- On-Chain