Blockchains are decentralised systems. There is no single point of control or administration. In contrast to other IT systems, there is no admin in a blockchain. Instead, blockchains are governed.
To make updates to the rules of a blockchain, every participant must agree directly or indirectly. Blockchain governance comprises the processes to coordinate this agreement.
In this episode, we understand different ways of doing blockchain governance.
Episode 13 - Blockchain Governance