$XMR
Fading QuicklySnapshot Window: 2026-07-19 00:20 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 2 source posts analyzed
"If that decentralized system changes on you without you having any influence or foresight, then it kind of bricks your own product" Nick Almond, Head of Governance at Jito Foundation, on the most credible argument for decentralized governance "It depends what you're trying to [Spoken audio]: If you had thoughts about, like, what is kind of a good or clear way to divide labor between Adele, any centralized entities like Labs, and, you know, when it's even appropriate for somebody to do a move similar to a cross protocol where they went fully private. So I'd love to hear your thoughts on all that. Yeah, I think it depends what you're trying to build. If you're you're trying to build a decentralized system that you're hoping people to use almost indefinitely, right? So if you take ENS as an example, you could build that very deeply into a product that you're building, right? So you could use ENS identities as a way to as a very central component of your own product. Now, if that product changes, if that decentralized system changes, you know, without you being able to have any influence or foresight on that happening, then it kind of bricks your own product. The point of a lot of these things is to be able to build long-term assurances that A, it's going to exist, it's just going to be there. So these treasuries were designed to ensure almost indefinite operation, right? And they were there to build assurances that the founder's not just gonna go insane and pivot and change everything around it. So these protocols are intended to be integrated into lots of other protocols and ENS is one of these things. So in that case, I think that's the most credible argument for a decentralized governance structure around these things.
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