On-chain Governance

Subject of on-chain governance of the DeNet Storage Protocol v.3

Governance Platform

On-chain governance of the DeNet Storage Protocol v.3 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.