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Bitcoin and the Future of Decentralized Finance

Azeem Azhar's Exponential View

CHAPTER

Cryptocurrency - Is There a Formal Governance Mechanism?

Each protocol has its own both formal and informal governance mechanisms. Some protocols have like these singular leaders who are very specific about their views. In other protocols, rit where there are foundations who stewart a lot of capital and own a large amount of the tokens or the economic power. There 'are a lot of different models for crypto governments'

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