If 2017 was a year when fundraising for decentralized protocols dominated headlines, 2018's emerging narrative is about empowering investors.
From fits and starts on ethereum's transition to proof-of-stake to Tezos' launch, governance has been one of the persistent conversations in crypto this year. But for all the promise, one long awaited approach to blockchain governance, Decred's Politeia software, went live today at 1300 UTC.
As CoinDesk previously reported, Politeia builds on Decred's existing approach of combining proof-0f-work and proof-of-stake consensus by attempting to turn over all governance decisions to those actively participating in the operation of its protocol at the time of any given decision.