Applying the word "governance" to the residual human decision-making needed for public blockchains carries, as the term is thought of by non-developers, tons of baggage that is irrelevant to the only necessary category of such decisions, namely decisions about upgrading software.
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What do you think the proper definition/use of the term "governance" for public blockchains? Because apparently "governance" does not mean compliance with decisions backed by enforcement.
It's too hopelessly broad of a term, it can be made to mean almost anything. Its use doesn't shed any light on the actual residual human decision-making that is needed.
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True.
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I love semantics (sincerely!). Govern, from Greek kubernan "to steer," seems about right to me. And "upgrading software" IMO doesn't convey quite the import when the software determines significant real-world incentives and thus outcomes. Eh?
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The necessary decisions are much more akin to designing a boat than to steering it.
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Please write a blog post on this! Very important topic that deserves careful nuanced analysis.
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I completely disagree that 'governance' is meaningless. This is said because it's not recognized the actual governance of BTC. Example : Nick S writes on topic, his governance is Monarchy. A small collective works on specific project, this governance is Oligarchy, Meritocracy...
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Nodes choose to update, or not... they is effectively Democracy. Regarding important functions of government, you need : Culture (Andreas), Preservation of Rarities (BTC, G. Maxwell), New Life (/r/bitcoin, Miners), & Replication of Optimized Work (Mastering Bitcoin, Github).
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Many in Bitcoin are Libertarian, but this is weak form governance. Republican governance has natural protections contained within. Effectively Libs are under the assumption of perpetual peace, and Republicans are under perpetual war. Perpetual War is fully accurate.
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Bitcoin suffers from Culture (Roger Ver Attack), New Life (new traders far exceed new hobbiest), & Replication of Excellence (Aging experts & thought leaders). With another form of governance, these attacks could be prevented. - In either case, I...
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agree 'node governance' is a bit playing up their role. They are allowed to say 'yes, or silence' to question designed by Few (programmers). As nodes have no ability to congregate or discuss (caucus), domination of Culture creates Tower of Babble, I fear. But could be fixed :)
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