19th April 2023 Digital Bytes

Blockchain governance - blockchain governance creates the rules by which a blockchain will function, so enabling users to determine which blockchain is the most appropriate for them to select. It helps to coordinate code updates, and enable technological improvements, financial allocation and power distribution. Some blockchains have a decentralised network but a centralised basis for governance, technology and ecosystem growth. Other blockchains are autonomously decentralised but, in order to know how each blockchain functions, one needs to understand the way each blockchain has been designed - i.e. how it is governed.

Gold: you can hold bullion or digital gold - gold has always been seen as a store of value during troubled times and in the last year central bankers have accumulated over 1,100 tons of gold. However, as well as holding physical bullion, it is possible to buy gold in a digitised format ( i.e. tokens pegged/backed by gold, or even digital gold), commonly referred to as B…