- May 26, 2014
Dash is a pioneer in decentralized governance, running a fully-functioning decentralized autonomous organization, or DAO. This DAO is governed by masternodes, stakeholders who receive funding from Dash's block reward in exchange for helping to run the network and voting on budget proposals. For years the masternodes have voted on proposals from the Core team, as well as dozens of other smaller contractors seeking to work in the greater Dash ecosystem.
Now, however, Dash is experiencing some new challenges: the DAO has grown large. What was once a simple task to oversee Core's proposals and those of the community has now become more involved. As such, now is a great time for a thought exercise on how Dash's DAO can effectively scale to efficiently support long-term growth.