Governance System

Goals

• Create a governance system that can make dynamic, frictionless changes to the blockchain based on consensus
• Allow for scaled voting power based on the masternode level the user has
• Allow for access to governance system across all platforms

Background and strategic fit

Why: Governance is the cornerstone of any blockchain technology as it allows for decentralized, trustless decision making

Product strategy: Implement governance system within the blockchain that can be accessed cross-platform

Assumptions

• Accessible cross-platform through a user interface
• Blockchain parameters become variables that can change dynamically based on vote
• • Block time
• • Hash rate
• • Block height
• • Lottery block awards
• • Masternode functions
• Only masternode holders can vote

Requirements

• Leadership
• Dynamic changes to blockchain features As a voter, I want to have voted changes take effect immediately without interruption or the need to fork the protocol
• Voting UI As a voter, I want an easy to use interface that allows me to review proposals and vote accordingly
• Proposals As a user who wants to propose a change, I want a simple way to submit proposals to the community