Decentralized networks and blockchains aren't immune from a centralized control over them. A malicious entity or person can attack the ledger, causing a ledger to become unreadable. Historical mechanisms like QV can provide a means to guarantee that such attacks do not happen and can help in deterring such incidents from happening. A decentralized network and blockchain work best when there is a strong incentive for participants to work together towards a common purpose and to avoid centralized control. Learn the purpose of decentralized governance for blockchain projects here. When you think about what a ledger is used for there are two categories: public and private. A public ledger is one which is visible to all users and can be accessed by anyone who passes by. Public ledgers are normally maintained by an organization or bank but can be maintained by anyone interested. The main benefit to public ledgers is that it provides a means for users to determine how well the system functions and whether or not the ledger is being abused. Private ledgers are kept confidential and restricted to a certain group of people, usually employees or hired professionals. Blockchains based on public ledgers are governed by a set of rules or governance protocols that regulate how the ledger is shared. These governance protocols are designed to make sure that the ledger stays secure and doesn't experience any misuse, fraud, or abuse. Anyone can contribute to the system via applications, scripts, and software which add to the value of the decentralized system. In addition to the protocols and systems that govern how the ledger is shared, the developers of the project are accountable for maintaining and developing the ledger themselves. They do this through their own personal online account and through regular updates to the underlying code. Blockchain projects require both a need for participants and a governance system. Because these projects involve a high level of decentralization, it is often difficult for individuals or small groups to become involved. However, with a properly implemented governance protocol, it is quite possible for anyone to get started. In some cases, depending on the size and complexity of the project, it may be required that individuals or small groups to create their own Decentralized Governance protocol in order to begin collaborating. Regardless of the method of governance used, all projects require some sort of decision making process in order to successfully move forward. The decision making process of a decentralized system like the ledger itself can be centralized or decentralized depending on the needs of the project. If the development team is planning to utilize a central development model, then they will need to develop a governance protocol that specifies which members of the development team have the final say on major decisions. This includes decisions about the project's funding sources as well as decisions regarding the management of the project itself. In addition to the decision making process, the development team must also define the nature of the documentation and the decision distribution chain. Regardless, of the governance methods used or the kind of documentation provided, there are several important factors that must be taken into consideration. The most important factor is the transparency of the decision making process. As projects gain momentum, it becomes increasingly more difficult for developers to remain committed. Developers often become frustrated because of the politics involved in getting something done on time. Transparency at the onset of the project is one of the best ways to avoid this dynamic and to keep things moving ahead. You can get more enlightened on this topic by reading here: https://en.wikipedia.org/wiki/Governance.
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