Governance – Page 2

Polkadot’s founder announces steps toward full decentralization with new governance model

Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy.

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

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L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’

The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token called “OP” that aims to “govern protocol upgrades and project incentives.” Ethereum Scaling […]

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Montenegro makes Vitalik a citizen, part of plans to promote it as a blockchain hub

The small southeast European nation is beginning to sift through the murky waters of blockchain regulation by granting the Ethereum co-founder citizenship.

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MakerDAO community proposal to replace MKR governance token

The proposal introduces a new stkMKR token which will act as a bonding asset for MKR staked in governance proposals.

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Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO

On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap. […]

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Florida Home to Be Sold as an NFT, Decentralized Organization Seeks Bel Air Megamansion

According to a California-based real estate technology company called Propy, a four-bedroom home in Gulfport, Florida, will be tokenized leveraging non-fungible token (NFT) technology and sold for $650K. In addition to the Gulfport home, another blockchain project has launched aiming to purchase The One Bel Air 105,000-square-foot megamansion by creating a decentralized autonomous organization (DAO). […]

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Bank for International Settlements States True Decentralized Finance Is an ‘Illusion’

The Bank for International Settlements (BIS), a finance organization comprised of several central banks, has stated that while the objective of decentralized finance is to move control of financial tools away from current financial institutions, it just provides an ‘illusion’ of doing so. The organization argues that there is some kind of centralization around governance […]

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Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders

The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates to propose their views to the community in order to […]

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Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs

Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn developer, someone called a function that moved more funds to be available for users to claim. Now, users can claim up to $140 million of the protocol’s native currency, comp. Compound is hoping users won’t […]

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