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On-chain Governance

Subject of DeNet Storage Protocol on-chain governance

Governance Platform

TBY governance takes place in the DeNet application in a separate DeNet Consensus dApp. Voting is done by sending a transaction addressed to a smart Consensus contract, where the result of the transaction is a change in the key parameters of DeNet Storage Protocol contracts. Voting is instant - at any time a DeNet Consensus participant can make a change to the DeNet Storage Protocol parameters according to their vote power.