Definition ∞ Governance modules are specific components within a blockchain protocol that dictate how changes, upgrades, and operational parameters are proposed, voted upon, and implemented by the network’s stakeholders. These software elements codify the rules for decentralized decision-making, allowing token holders to participate directly in the protocol’s evolution. They establish the framework for collective management and amendment of the underlying system.
Context ∞ The effectiveness and security of governance modules are under constant evaluation, particularly as decentralized autonomous organizations (DAOs) gain prominence. A key discussion point involves balancing efficient decision execution with preventing malicious actors from gaining undue influence over protocol changes. Tracking updates and proposals within these modules offers a direct view into a project’s developmental trajectory and its community’s priorities.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
