Crypto Governance: Why It CANNOT Be Ignored!! (Ep 231)
Coin Bureau
00:00
On Chain Governments Are a Rich Man's World
The threshold for whether a polka dot proposal is passed depends on how many dot coins are participating, with a higher level of consensos required if there are fewer dot participating. Each polkadot voting period is one month. If the proposal is found to be a threat to the block chain by polkadots, community elected technical committee, the proposal is vetoed and the dot staked by the se is burned. You can learn more about polcadot by using that link up there in the top right.
Play episode from 10:03
Transcript
