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Introducing Capx Governance 🏛 A step towards making Capx more transparent, accessible and decentralized. Empowering the Capx community to vote on key protocol and ecosystem decisions 🤝 The very first governance proposal is now LIVE on Capx Governance Hub View it here 👉 Read more on:

Capx AI

120,468 subscribers

17,598 次观看 • 7 个月前 •via X (Twitter)

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How ICP Token Holders Can Literally Vote To Upgrade The Internet Computer? Most blockchains rely on developers and node operators to coordinate when the protocol needs a major upgrade. The Internet Computer (DFINITY Foundation) takes a different approach. Its Network Nervous System, or NNS, puts governance directly onchain. Here is how it works: 1. ICP HOLDERS LOCK TOKENS INTO NEURONS internet-computer:native holders can lock their ICP into a “neuron.” A neuron is essentially a governance position that gives the holder voting power over NNS proposals. Voting power depends mainly on: • The amount of ICP locked • The neuron’s dissolve delay • The age of the neuron The longer a holder commits their ICP, the greater their potential voting power. 2. NEURONS VOTE ON NETWORK PROPOSALS The NNS allows neuron holders to vote on proposals affecting the Internet Computer. These can include: • Protocol upgrades • Subnet changes • Network configuration • Node provider decisions • Governance parameters • Changes to the network’s underlying software This is where the system becomes particularly interesting. NNS governance is not simply deciding how a community treasury should spend money. Some proposals can directly affect how the blockchain operates. 3. VOTING CAN TRIGGER ACTUAL PROTOCOL CHANGES A successful proposal can instruct the network to adopt an approved change. For example, NNS proposals can be used to upgrade the replica software running across Internet Computer nodes. Once the proposal is approved, the NNS can coordinate the upgrade across the network. That means token holder voting can ultimately result in the protocol itself changing. 4. HOLDERS DO NOT HAVE TO VOTE ON EVERYTHING The NNS also uses a system known as liquid democracy. Neuron holders can choose to follow other neurons for particular proposal categories. When the followed neuron votes, the follower can automatically vote in the same direction. This creates a delegation system without requiring users to give up ownership of their ICP. In simple terms: • Stake ICP • Create a neuron • Choose your voting preferences • Vote yourself or follow another neuron • Earn rewards for participating 5. GOVERNANCE PARTICIPATION CAN EARN REWARDS The NNS gives users an economic incentive to participate. Neurons can accumulate maturity through governance participation. That maturity can later be used to generate new ICP. This turns governance participation into more than just a voting mechanism. It becomes part of the network’s economic design. 6. THE NNS IS ITSELF PART OF THE INTERNET COMPUTER This is arguably the most important part. The NNS is not simply a website where the community discusses proposals. The governance system itself runs on the Internet Computer. Its rules, proposals, neurons and governance decisions are handled through onchain infrastructure. That allows governance decisions to become executable actions. 7. WHY THIS MATTERS FOR PROTOCOL UPGRADES Traditional blockchain upgrades can require significant coordination. Developers may need to release new software. Node operators need to install it. Validators or miners need to support it. Exchanges and infrastructure providers may also need to update their systems. If coordination fails, competing versions of the blockchain can emerge. The NNS is designed to reduce some of that coordination problem. The community can approve a proposal through onchain governance, and the network can then execute the approved change. 8. IT IS NOT ONE ICP TOKEN, ONE VOTE Simply holding ICP does not automatically give someone governance power. Users need to commit their tokens through a neuron. And voting power is not based solely on the number of ICP held. Factors such as dissolve delay and neuron age also influence voting power. This means the system rewards committed participation rather than treating every wallet as an identical vote. 9. SO WHAT MAKES THE NNS DIFFERENT? The key difference is that governance is built into the protocol itself. On many blockchains, governance can look like: Community discussion → Vote → Developers implement the decision. The Internet Computer aims for something closer to: Stake ICP → Vote through NNS → Proposal passes → Network executes the change. The NNS is designed to make governance part of the Internet Computer’s operating machinery. ICP holders therefore have a direct role in deciding how the network evolves. Under the right proposal, their votes can ultimately determine which software the network runs.

How ICP Token Holders Can Literally Vote To Upgrade The Internet Computer? Most blockchains rely on developers and node operators to coordinate when the protocol needs a major upgrade. The Internet Computer (DFINITY Foundation) takes a different approach. Its Network Nervous System, or NNS, puts governance directly onchain. Here is how it works: 1. ICP HOLDERS LOCK TOKENS INTO NEURONS internet-computer:native holders can lock their ICP into a “neuron.” A neuron is essentially a governance position that gives the holder voting power over NNS proposals. Voting power depends mainly on: • The amount of ICP locked • The neuron’s dissolve delay • The age of the neuron The longer a holder commits their ICP, the greater their potential voting power. 2. NEURONS VOTE ON NETWORK PROPOSALS The NNS allows neuron holders to vote on proposals affecting the Internet Computer. These can include: • Protocol upgrades • Subnet changes • Network configuration • Node provider decisions • Governance parameters • Changes to the network’s underlying software This is where the system becomes particularly interesting. NNS governance is not simply deciding how a community treasury should spend money. Some proposals can directly affect how the blockchain operates. 3. VOTING CAN TRIGGER ACTUAL PROTOCOL CHANGES A successful proposal can instruct the network to adopt an approved change. For example, NNS proposals can be used to upgrade the replica software running across Internet Computer nodes. Once the proposal is approved, the NNS can coordinate the upgrade across the network. That means token holder voting can ultimately result in the protocol itself changing. 4. HOLDERS DO NOT HAVE TO VOTE ON EVERYTHING The NNS also uses a system known as liquid democracy. Neuron holders can choose to follow other neurons for particular proposal categories. When the followed neuron votes, the follower can automatically vote in the same direction. This creates a delegation system without requiring users to give up ownership of their ICP. In simple terms: • Stake ICP • Create a neuron • Choose your voting preferences • Vote yourself or follow another neuron • Earn rewards for participating 5. GOVERNANCE PARTICIPATION CAN EARN REWARDS The NNS gives users an economic incentive to participate. Neurons can accumulate maturity through governance participation. That maturity can later be used to generate new ICP. This turns governance participation into more than just a voting mechanism. It becomes part of the network’s economic design. 6. THE NNS IS ITSELF PART OF THE INTERNET COMPUTER This is arguably the most important part. The NNS is not simply a website where the community discusses proposals. The governance system itself runs on the Internet Computer. Its rules, proposals, neurons and governance decisions are handled through onchain infrastructure. That allows governance decisions to become executable actions. 7. WHY THIS MATTERS FOR PROTOCOL UPGRADES Traditional blockchain upgrades can require significant coordination. Developers may need to release new software. Node operators need to install it. Validators or miners need to support it. Exchanges and infrastructure providers may also need to update their systems. If coordination fails, competing versions of the blockchain can emerge. The NNS is designed to reduce some of that coordination problem. The community can approve a proposal through onchain governance, and the network can then execute the approved change. 8. IT IS NOT ONE ICP TOKEN, ONE VOTE Simply holding ICP does not automatically give someone governance power. Users need to commit their tokens through a neuron. And voting power is not based solely on the number of ICP held. Factors such as dissolve delay and neuron age also influence voting power. This means the system rewards committed participation rather than treating every wallet as an identical vote. 9. SO WHAT MAKES THE NNS DIFFERENT? The key difference is that governance is built into the protocol itself. On many blockchains, governance can look like: Community discussion → Vote → Developers implement the decision. The Internet Computer aims for something closer to: Stake ICP → Vote through NNS → Proposal passes → Network executes the change. The NNS is designed to make governance part of the Internet Computer’s operating machinery. ICP holders therefore have a direct role in deciding how the network evolves. Under the right proposal, their votes can ultimately determine which software the network runs.

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18,482 次观看 • 28 天前

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1/🚀 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐈𝐍𝐆 𝐉𝐔𝐃𝐆𝐄 𝐃𝐎𝐁𝐁𝐘—𝐓𝐇𝐄 𝐒𝐄𝐍𝐓𝐈𝐄𝐍𝐓 𝐗 𝐄𝐈𝐆𝐄𝐍𝐋𝐀𝐘𝐄𝐑 𝐌𝐎𝐃𝐄𝐋 Dobby will be a revolutionary step for decentralized community governance as we partner with to help automate the adjudication of complex disputes or claims, especially those centering on intersubjectivity. Judge Dobby will be the first software embodiment of subjective decisions through training on community discussions, corresponding governance, and corporations’ legal hearings. 👀 𝐊𝐞𝐞𝐩 𝐚𝐧 𝐞𝐲𝐞 𝐨𝐮𝐭 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐛𝐥𝐨𝐠 𝐜𝐨𝐦𝐢𝐧𝐠 𝐬𝐨𝐨𝐧 explaining Dobby-Judge in-depth. 📽️ 𝐒𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐗 𝐬𝐩𝐚𝐜𝐞 𝐧𝐞𝐱𝐭 𝐰𝐞𝐞𝐤 where Himanshu Tyagi, Sreeram Kannan, and Pramod Viswanath share their thoughts on this model collaboration. 👇 Read more below about what we’ll be working on together in the coming months.

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226,019 次观看 • 1 年前

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SwipeGov is here with the latest Nova Wallet v8.7.0 update! 🎁 SwipeGov is our innovative and AI-powered governance solution, making it easier than ever to participate in Polkadot OpenGov decisions! 🗳️ Find out more below! 👇

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56,861 次观看 • 1 年前

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14,850 次观看 • 2 年前