Blockchain Governance: Current Approaches and Research Directions - II.A.1.c.iii : Network Science
Abstract
Blockchains have gained in prominence over the last decade, both as technology vehicles for crypto-currencies such as bitcoin and Ethereum, and also as a general, formally sound approach to maintaining a shared durable ledger (e.g. for land and bank records). Consensus algorithms form the core of a blockchain, since differing versions of the ledger can enable double spend attacks in cryptocurrencies, and a complete breakdown for land and bank records. Accordingly, consensus algorithms have been the subject of much study. However, less attention has been paid to governance of the blockchain -- how do we change algorithmic and operational aspects of a working blockchain? We propose to write a detailed survey of blockchain governance, and assemble a list of important research directions. We believe that governance aspects are going to be as important as operational or cryptographic aspects of blockchains over the next decade, and will illuminate both research and regulation.
Document Details
- Document Type
- DoD Grant Award
- Publication Date
- Jul 09, 2020
- Source ID
- W911NF2010190
Entities
People
- Ashish Goel
Organizations
- Army Contracting Command
- Stanford University
- United States Army