Governance

A collective governance by the community members is an essential attribute of decentralized protocols. As the name suggests, these protocols derives through mutual management on the project; through providing each individual community member on the platform with a fair chance to express their concerns freely.

A unique component will be created in the Hash 2O, where all network participants will be able to see currently open proposals, becoming able to vote according to their choice. The integrity of the voting system will be maintained at all costs so none of the motions can be passed without meeting minimum standards.

Each hash will be able to vote for once. This will ensure the authenticity of the voting system to a great deal. Every hasher will get a notification when a new proposal is available for voting. They would get three choices: 1) An option of accepting a bid; 2) A second rejecting it: 3) and third no participation.

In case any community member is looking forward a step further to propose a new idea, he/she will be able to do so through our community hub. For submission of that particular proposal the proposer will act as an active hasher, and all other community member can take part in its governance.