The subject-matter of on-chain governance has always been contentious. While off-chain governance is generally perceived as clunky, on-chain governance has allowed developers to enlarge increasingly complex protocols allowing users to sway a network’s direction. But these are all essentially games which, if misconfigured or provender the wrong incentives, can steer the chain towards disaster.
Check Also
XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms
In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …