Tezos is a self-amending blockchain platform designed to evolve over time without the need for hard forks. This governance model allows for a decentralized and efficient network where the community plays a crucial role in decision-making. Here's an overview of Tezos governance.

Community Engagement

Tezos governance relies heavily on community engagement. Members of the community propose changes and improvements to the network, and these proposals are voted on by the Tezos token holders.

  • Baking: Bakers are responsible for validating transactions and creating new blocks on the Tezos network. They are chosen based on their reputation and the number of tokens they lock.
  • Endorsers: Endorsers validate the baking process by signing off on the blocks created by bakers.

Voting System

Tezos uses a liquid democracy system where token holders can vote on proposals. They can delegate their voting power to trusted delegates or cast their own votes.

  • Delegation: Users can choose to delegate their tokens to a delegate, who will vote on their behalf.
  • Direct Voting: Users can also vote directly on proposals, which is particularly useful for those who want to closely monitor and influence the governance process.

Proposal Process

Proposals are submitted by community members and must be reviewed and approved by the Tezos Foundation. Once approved, the proposal is put to a vote.

  • Preparation: The proposal is drafted and reviewed by the community.
  • Review: The Tezos Foundation reviews the proposal and ensures it aligns with the mission of the network.
  • Voting: The proposal is put to a vote by the token holders.

Tezos Foundation

The Tezos Foundation plays a critical role in the governance of the network. It is responsible for:

  • Facilitating Proposals: The foundation facilitates the submission and review of proposals.
  • Educating the Community: It provides resources and education to help the community understand the governance process.
  • Implementing Decisions: The foundation works to implement the decisions made by the token holders.

For more information on Tezos governance, visit our Tezos Governance Guide.

Key Points

  • Self-Amending: Tezos can evolve without the need for hard forks.
  • Community Engagement: The community plays a vital role in governance.
  • Liquid Democracy: Users can vote directly or delegate their voting power.

Tezos governance is a complex and dynamic system that continues to evolve. For the latest information and updates, stay tuned to our Tezos Governance Blog.

Tezos is revolutionizing the blockchain industry with its innovative governance model. To learn more about the platform, check out Tezos Whitepaper.

(center) Tezos Governance (center)