Ethereum scaling solution Optimism upgrades governance structure

The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform.  The “Optimism Collective” was introduced Tuesday afternoon in a lengthy post that outlined its mission and governance mandate. Described as a “large-scale experiment […]

Binance, Eosfinex Join EOSDT Stablecoin Governance Board

Binance is trying its hand at decentralized stablecoin governance. The exchange joined the distributed oversight team that approves contracts and code changes on Equilibrium, a DeFi outfit behind the EOSDT stablecoin. EOSDT contracts hold nearly $10 million in collateral according to the Equilibrium website. Announced Friday, Binance now has oversight power over new EOSDT smart […]

Vitalik Says He Has ‘Some Respect’ For How EOS Handles Governance

In a recent series of tweets, Ethereum co-founder, Vitalik Buterin, gave a nod of approval to competing blockchain EOS, with regard to the niche they are trying to carve out.   “If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH aren’t […]