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Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances

Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances

Odaily2024/07/04 06:06
By:Odaily
Odaily News Blur and Blast co-founder Pacman wrote on X: “I think the Blast governance mechanism is currently seriously misunderstood. Its goal is not to allow the community to actively participate in governance (which does not work), but to enable the community to intervene when governance goes astray by vetoing proposals and replacing the Progress Council. This is a system of checks and balances, and the expectation is that the community basically does not need to intervene. Business development and incentives will continue to be driven by the foundation team.”
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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