In this whiteboard video, Charles Hoskinson covers the dynamic, decentralized governance system of the Cardano network. This governance model aims to show that true democracy - where individuals are incentivized to play a role and votes are immutably recorded - is possible. It is a way for token holders to decide the future of the platform, and for the community to dictate the use of Cardano’s Treasury funds. This model and the pioneering technology that underpins it can be applied to any application, system, or even society. It is a blueprint for change that is decided by the many, as well as the few, and which will redistribute power, eliminating intermediaries, to improve the lives of all.
Governance and Cardano
Updated: Sep 11, 2021