How Ethereum governance works: A decentralized decision-making process
By
ethereum.org
Summary
This article explains Ethereum governance — the decentralized decision-making process for how changes are made to the Ethereum protocol since no single entity owns it. It contrasts traditional governance (executives, boards, shareholders, elected officials) with decentralized governance models, and introduces the core question of how Ethereum manages protocol upgrades and changes without central authority.
Source
Key quotes
· 3 pulledIf no one owns Ethereum, how are decisions about past and future changes to Ethereum made?
Governance is the systems in place that allow decisions to be made.
In a typical organizational structure, the executive team or a board of directors may have the final say in decision-making.
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