On Chain Governance Panel
summary
Aragon and Colony present concrete governance designs: smart contracts enforce procedure only while day-to-day coordination stays off‑chain; systems ship with “training wheels” where creators initially control upgrades then slowly cede power; concrete protections include exit and arbitration for minority protection plus reputation penalties for spam proposals; proposals must show exact on‑chain side effects; thresholds for changing rules are deliberately higher than ordinary decisions and are tuned empirically; legal compatibility is optional but envisioned via hybrid on‑chain arbitration and off‑chain legal wrappers.
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chapters (8)
- 0:00Blockchain governance intro
- 1:05Design principles for governance
- 10:58Evaluating governance paradigms
- 14:12Real-world governance role
- 22:20Self-destruction and upgrades
- 26:19Thresholds and safeguards
- 29:26Proposal formation and votes
- 34:02Integration with legal systems
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