Crypto Governance: Why It CANNOT Be Ignored!! (Ep 231)
Coin Bureau
00:00
Off Chain Crypto Currency Governments Processes
Off chain governments is common among proof of work crypto currencies such as bit coin, light coin, manera and also etherium. The economic majority must be in favor of the change for it to go through. This high threshold makes off chain governments a very slow process. It's why it took over two years for eip 15 59 to pass, and it's why bit coin will be getting its first up grade in four years this november.
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