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To understand the importance of blockchain governance and the debate surrounding it, It is important to first define blockchain governance and it’s role in the entire blockchain ecosystem. Blockchain governance in cryptocurrencies relates to decisions about two things: the rules of the protocol (the code) and the incentives the network...
Through the execution of forks and protocol changes, Bitcoin, Ethereum, Ethereum Classic and Litecoin have been highly successful in improving their underlying infrastructures in terms of privacy, security and scalability. Most recently, the Bitcoin Core development team’s transaction malleability fix and scaling solution Segregated Witness (SegWit) was officially integrated into...