earticle

영어

The process of determining something for the interests of the parties is called governance. Then we need to see if the current blockchain platforms, including Bitcoin and Ethereum, are well governed. Bitcoin is divided into several hard-forked platforms such as Bitcoin Cash, Bitcoin Gold and Bitcoin Diamond. Ethereum is represented by Ethereum and Ethereum Classic. If BIP(Bitcoin Improvement Proposals) or EIP(Ethereum Improvement Proposals) had a well-communicated and smooth negotiation process in adavance, it would not have reached the extreme of being hard-forked with multiple chains. In this paper, we analyze on-chain and off-chain governanace of blockchain and propose a new on-chain governance platform that can be mediated and upgraded in the blockchain.