What is blockchain governance?

Defining Blockchain Governance: A Framew .... In this article, we introduce a blockchain governance framework that defines the governance of a blockchain as a combination of six dimensions and three layers. An evaluation through eight expert interviews confirms the perceived usefulness and operational feasibility of the presented framework.

What is off-chain governance?

Off-chain governance involves all the governance-related processes, formal as well as, very often, informal, that happen outside of the platform. Examples of off-chain governance processes on public blockchains are discussions on social media, online forums, conferences, and other events.

Does bitcoin have on-chain governance?

Having on-chain governance can help restore the idea of governance in systems. But, creating a governance model can take a lot of time, and it can take more time when there is a novel technology. Also, things can become complex as blockchain is decentralized. In the case of on-chain governance, bitcoin doesn’t offer good insight.

How many central communities are there in blockchain governance?

To mitigate the problem, blockchain governance relies on four central communities, rather than just one. The number of central communities can differ depending on the blockchain itself, but in most cases, these four communities are always in charge of managing the blockchain governance. So, who are those four central communities?