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Which term describes the process of actively participating in the decision-making and governance of a blockchain network?

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In this guide, you’ll learn the answer to “Which term describes the process of actively participating in the decision-making and governance of a blockchain network?” in Marina Protocol.

Which term describes the process of actively participating in the decision-making and governance of a blockchain network?

Question: Which term describes the process of actively participating in the decision-making and governance of a blockchain network?

Answer: Staking.

Further reading

What is the purpose of a “DAO” (Decentralized Autonomous Organization) in the context of blockchain?

Which blockchain platform uses the term “sharding” to refer to the process of partitioning the network to improve scalability?

What is the term for a situation where a cryptocurrency undergoes a significant and often sudden decrease in value?

The post Which term describes the process of actively participating in the decision-making and governance of a blockchain network? appeared first on Followchain.

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