Governance Requirements

Definition ∞ Governance requirements are the stipulated rules, procedures, and conditions that must be met for effective decision-making and administration within a decentralized system or organization. These requirements dictate how proposals are submitted, voted upon, and implemented, ensuring the orderly progression and maintenance of the protocol or network. They are fundamental to the operation of decentralized autonomous organizations (DAOs) and blockchain governance models.
Context ∞ Discussions surrounding governance requirements frequently revolve around their effectiveness in achieving decentralized consensus, preventing malicious actors from manipulating voting processes, and ensuring equitable representation among stakeholders. News often reports on proposed changes to governance frameworks, the outcomes of significant protocol votes, and the challenges of scaling decentralized decision-making mechanisms to accommodate growing user bases and increasing complexity.