Kira's Governance Mode

By desskaya | maderevonter | 15 Oct 2020


In case of Kira each network actor possess equal voting power or chance to propose block, this guarantees that it is not possible to exploit the consensus or governance system by stealing tokens, accumulating or otherwise taking control over large amounts of assets. Gov operates with just two rules - only whitelisted actors can vote and they can only vote on what they have permission to vote at, this ensures that the governance system can not only efficiently define roles and permissions of its own members but most importantly expand and self-evolve its own structure. Kira leaves it to its own governance system to define its own structure, Code of Conduct (on-chin SLA), and enables control over all economic aspects of the network such as interest rates for staking foreign tokens or inflation rate within certain safety thresholds rather than forcing and inventing specific rules that the community must obey.

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desskaya
desskaya

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maderevonter
maderevonter

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