Blockchain Governance

Blockchain governance refers to the mechanisms and processes that determine how decisions are made, rules are set, and updates are implemented within a blockchain network. It ensures that participants can collaborate effectively to maintain the system’s integrity, adapt to new challenges, and improve functionality. Governance can be decentralized, with community consensus, or involve specific stakeholders, like developers or token holders. Ultimately, it provides a structured way for the blockchain to evolve safely and transparently, balancing individual interests with the collective good of the network.