To fully merge the real and digital worlds, designing governance systems with flexibility at their core is key. With adoption accelerating, blockchain’s potential to transform life in every way — from how business is conducted to labor division, operating systems and methods of collaboration — comes closer to fruition every day.
Under the framework of dynamic elections, token holders will then make a decision whether to continue to vote for the affected nodes in the next term. Through this flexible and dynamic management system, I believe we can fully understand decentralized on-chain business management, node operation management and on-chain voting governance.
Through repeated governance cycles, blockchains eventually move towards developing a balance, which incorporates the interest of all — including real world concerns. This opens up the path for sustainable and responsible growth both in the on- and off-chain world.