A system where decisions about a protocol or network are made collectively by its community members rather than a central authority.
Solana has activated its on-chain governance system, allowing validators to propose network changes. A significant threshold of 100,000 SOL staked is required to initiate a proposal, empowering the community to influence the network's future.
A former Ethereum Foundation leader highlights a critical funding gap as the Foundation reduces its role, urging the creation of new institutions to sustain ecosystem growth.
A new Ethereum governance proposal suggests allowing validators to allocate up to 10% of their staking rewards to fund ecosystem development. This initiative aims to bootstrap growth but raises key questions about decentralization and decision-making.
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