Definition ∞ Governance Transparency is the degree to which the decision-making processes and operational actions within a decentralized protocol or organization are open and verifiable by all participants. This includes public access to proposals, voting records, and the execution of approved changes. It fosters accountability and trust among stakeholders.
Context ∞ Governance transparency is a key differentiator and a constant area of development for decentralized autonomous organizations and blockchain protocols. Debates often focus on achieving genuine decentralization and preventing undue influence, with ongoing efforts to improve on-chain voting mechanisms and clear communication channels for community members.
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