Governance and Voting

Due to the decentralized structure of a crypto-currency network with master nodes, there is no fixed regulatory body that can make network policy decisions alone. As the operators of the master nodes are de facto providers of the network, they also have voting rights and thus constitute the decision-making body as a whole.



Applications or Topics to be discussed are called proposals. During the vote, each operator of a master node can either agree to the proposal, reject it or abstain. Likewise, each master node operator may submit proposals and put them to the vote. The developers of the network then comply with the result of the vote and implement the proposal or not. This process is called decentralised governance.

