Governance is the way that decisions get made. The governance of a blockchain is typically decentralized and community-driven. While no single entity or individual owns a blockchain, decisions about its governance are made through various mechanisms and processes designed to ensure the network's security, stability, and evolution. The goal of decentralized blockchain governance is to ensure that decisions are made collectively and transparently, reflecting the interests of the community as a whole rather than being controlled by a central authority.
The IZE Blockchain is governed by a Distributed Governance Framework (DGF), a blockchain coordination protocol made up of Galvan Node Owners.