Pacman: The goal of the Blast governance mechanism is to allow the community to intervene when necessary to form a system of checks and balances
On July 4th, Blur and Blast co-founder Pacman posted on social media stating, "I believe that the Blast governance mechanism is currently greatly misunderstood. Its goal is not to actively involve the community in governance (which is not feasible), but to allow the community to intervene when governance goes astray by vetoing proposals and replacing the Progress Council. This is a system of checks and balances, with the expectation that the community will not need to intervene much. Business development and incentives will continue to be driven by the foundation team."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
