Unique Governance Cycle in Tezos Protocol
Tezos protocol upgrades follow a multi-stage voting process, typically lasting about 3 months (each stage spans roughly 8 cycles).
Proposal: Anyone can submit a change proposal.
Exploration: Preliminary voting on the proposed change.
Testing: The proposal is deployed on a test chain for validation.
Adoption: Final vote to implement the change on the main network.
This governance model ensures decentralization, transparency, and community-driven innovation, reducing hard fork risks and fostering long-term stability.
#CryptoEconomy #TezosGovernance #BlockchainInnovation #DecentralizedFinance
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