On-Chain Governance

Home / Glossary / On-Chain Governance

On-Chain Governance

What is On-Chain Governance?

A mechanism for controlling and making adjustments to crypto blockchains is known as on-chain governance. In this style of governance, the blockchain protocol contains the rules for implementing modifications. Through code updates, developers submit modifications and each node votes on whether to accept or reject the change.

My Newsletter

Sign Up For Updates & Newsletters