Cardano Governance: Who Controls an Open Network? | Nicolas Cerny, Cardano Foundation
From Block Talks by The Blockopedia: Crypto & Web3 Podcast · 00:16:26
Show by The Blockopedia
Who really decides what happens next in an open network: the developers, a foundation, or the people who use it? Nicolas Cerny, Governance Lead at the Cardano Foundation, explains on-chain voting, accountability and how to decentralise governance step by step. What you’ll learn Why the users of a protocol should decide which updates and proposals pass Why the Cardano Foundation publishes a written reason for every vote it casts Why a new network should decentralise its governance step by step How on-chain voting helps answer the regulator's "who is accountable" question What happens when a delegated representative stops showing up Nicolas Cerny's advice for community managers Chapters 00:00 Intro 01:07 The Blockopedia intro 01:21 Welcome to TOKEN2049 Singapore: meet Nicolas Cerny of the Cardano Foundation 01:43 How he got into the space during COVID and why he stayed with Cardano 03:28 From business analyst and community co-founder to the Cardano Foundation 04:29 Why governance? Who decides which updates and proposals pass 05:44 Why the Foundation publishes a written reason for every vote 07:00 Advice to new networks: decentralise governance step by step 08:53 Regulators and accountability: does on-chain voting help? 10:19 What is next: the budget, the constitution and the next upgrade 11:17 Delegated representatives: what if one stops showing up? 12:41 What other networks are missing on governance 14:15 Advice for community managers 15:57 Thanks and close Links Nicolas Cerny on X: x.com/NicolasC3rny Cardano Foundation: cardanofoundation.org Watch on YouTube: youtube.com/watch?v=J2-NWN9Bo9A More Block Talks: theblockopedia.com/blocktalks-audio-podcast
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