The Fight For Democracy in the Crypto Space

Governance of blockchain, especially when it comes to proof-of-work and delegated proof-of-stake, is based entirely on democracy.

Democracy is not the be all, end all in blockchain.

Blockchain users want a fair technological democracy, driven by people but translated onto the blockchain.

The blockchain space has become a rapid microcosm of how democracy can evolve past its traditional and widely utilized state.

Blockchains in their original form, such as Bitcoin with its proof-of-work algorithm, proved to be truly democratic, as crypto-anarchists worked together in communities to reach consensus without the need for leadership.

Through the nine years of blockchain being in existence, the space has degenerated to radicalism.

If not all, blockchain projects have leaders, and this poses a serious threat to its democracy.

We can reward them for the content they generate for the blockchain network based on its quality and usefulness.

ConclusionThere is indeed a fight for democracy in blockchain.

Otherwise, we risk losing the entire blockchain space to a radical, anti-democratic system, dishonoring Satoshi's vision and allowing monopolized, centralized governing systems to live on through his blockchain.