Qtum Blockchain Becomes ‘Self-Aware’ to Avoid Bitcoin-Style Governance Problems
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Qtum Blockchain Becomes ‘Self-Aware’ to Avoid Bitcoin-Style Governance Problems
The Qtum Project has introduced a Decentralized Governance Protocol (DGP) that allows blockchain parameters to be modified seamlessly without ecosystem disruption. This means that no new software has to be downloaded and no actions need to be taken from network stakeholders and node operators when DGP network upgrades occur.
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Qtum explains that the DGP is built using smart contract technology. It implements a decentralized and democratic governance system which can be replaced and upgraded as needed. The protocol also allows for automated smart contracts to be a voting party. A ... (read more)
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