thedesertlynx
Active member
Investopedia, the famous financial knowledge database and financial news service, recently published an article that discusses the importance of cryptocurrency governance.
The author, Rakesh Sharma, started off by mentioning the DAO on the Ethereum network that raised a record $100 million USD, but eventually got hacked, lost $55 million USD, and created a fork in the Ethereum community. The article highlights other failed governance models such Tezos, which lead to a lawsuit and stalled development along with how the Bitcoin Core team prevented the expansion of the Bitcoin blocksize, which lead to a fork and the creation of Bitcoin Cash.
Read more: https://www.dashforcenews.com/inves...h-in-an-article-on-cryptocurrency-governance/
The author, Rakesh Sharma, started off by mentioning the DAO on the Ethereum network that raised a record $100 million USD, but eventually got hacked, lost $55 million USD, and created a fork in the Ethereum community. The article highlights other failed governance models such Tezos, which lead to a lawsuit and stalled development along with how the Bitcoin Core team prevented the expansion of the Bitcoin blocksize, which lead to a fork and the creation of Bitcoin Cash.
Read more: https://www.dashforcenews.com/inves...h-in-an-article-on-cryptocurrency-governance/