A note from Daniel

Many newer blockchain networks use "on-chain" governance, where token holders explicitly vote on proposed network changes. They do this with voting software that lets them sign blockchain transactions associated with tokens they hold. These signatures indicate which way they are voting when proposals are made. The blockchain network automatically obeys the outcome of the vote. If you depend on a network, you'll probably want to cast a ballot.

Daniel Read Write Own, page 165 · March 13, 2024 Save to shelf
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