EP 02 - ETHEREUM GOVERNANCE

In this episode of the Blockchain Dialogues podcast, we look at an important aspect of public blockchains i.e. Governance. Blockchain governance in simple terms can be described as a collection of rules, regulations, policies, incentives and penalties, that, a distributed network of people, can adopt in order to ensure; that the goals of the network are being met, the network is following certain commonly agreed upon mechanisms to improve itself, and to ensure that the network is not being compromised at any point of time. In this episode we look at the importance of on-chain governance, off-chain governance, specifically how a network like Ethereum handles both, what are Ethereum Request for Comments or (ERCs), what are Ethereum Improvement Proposals etc.