BlockShots: Blockchain Simplified
BlockShots: Blockchain Simplified
Episode 109 - On-chain vs Off-chain Governance
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Episode 109 - On-chain vs Off-chain Governance

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.

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