Polkadot, the next generation blockchain infrastructure layer, is live and in full swing.
As a chain with built-in governance - meaning the tokenholders can decide the fate of the chain with auto-enacting proposals - Polkadot is challenging the idea of blockchain immutability and code as law. Polkadot values governance consensus first, everything else second.
This consensus has three tiers in Polkadot:
- the tokenholders are the main decision makers and have absolute decision power, as long as they turn out in big enough numbers.
- the Council is an elected set of up to 24 seats who have the ability to put forward proposals that are biased towards passing, meaning only a minority of Aye votes is needed. The tokenholders elect the Council members.
- the Technical Committee is composed of protocol implementer teams and has the ability to speed up a proposal, so that the voting and enactment period is much shorter. This helps with urgent bug fixes.
More info on governance can be found in this helpful and comprehensive video by technical educator Bill Laboon, or this shorter explainer by network founder Gavin Wood. If you're looking for readable material, this post by Joe Petrowski is an excellent primer, and for more details you should look at the wiki.
Bruno for Council Member
I am hereby announcing my candidacy for Council.
You may know me from such efforts as:
- technical education at Web3 Foundation
- the Dot Leap newsletter and the Dotleap.com tutorial website
- several crowdcasts and technical education video explainers
- my past work in the Ethereum ecosystem, the Two Point Oh series among other things
- my past work as educator and investigative reporter on my site Bitfalls.com
- any of my side projects
What I can bring to the table is:
- healthy skepticism and decentralization purism I'm known for.
- outreach and ecosystem expansion due to being an active participant in the blockchain conference organization scene (see my conferences Blockconf and Blocksplit), as well as being a board member at UBIK, Croatia's official self-governing NGO for blockchain education and regulation.
- technical expertise needed to test all early releases and node upgrades.
- full disclosure on all voting decisions - I pledge to elaborate every single vote I cast in blog form or as a post on Polkassembly, and I intend to participate in every referendum and motion.
- regular digests of Polkadot governance once Sudo is disabled and Democracy is fully enabled. These will go out as part of the Dot Leap newsletter.
- I intend to build helper tools for the public to monitor Council activity, as well as helper UIs for other Councilors to cast better informed votes and see their own and others' past activity (this is planned as part of my Hackusama submission).
How to Vote
Voting costs transaction fees (a few cents worth), and nothing else. It's a 2 minute process, and, arguably, every DOT holder's inherent duty.
Note: to vote, you need to have an account with DOT tokens. It does not matter if the tokens are locked in staking or vesting - you can still vote with them.
- Open https://polkadot.js.org/apps/#/council
- Pick "Vote" in the top right corner.
- Click on the candidates in the left column to put them into the right column.
- Make sure "Bruno" is selected first.
- Submit the transaction.
Congratulations, by having participated in democracy, you are now a true member of the DOT ecosystem!