Lets have a discussion about the Governance (BFT) keys

Hi @Zyroxa

First, before I comment on this topic, I would like to say thanks for offering a free education about Cardano community to crypto YouTubers. :+1: :wink:

I understand that everyone wants Cardano to be a perfect example of what crypto should be right at this moment. However, I feel that the reality is that Cardano is not finished yet.

What I mean by that is that Cardano is still very much in a process of being created to become what was promised at the start. Since Goguen era just finished that means that Cardano is only about 60% complete. In my opinion, until the project is fully complete (as set out in the road map) there is no point in having some kind of exercise in governance. The stages must complete before community can/should start changing them.

We all understand that each crypto network starts fully under control of the creating entity. It is obvious that a creator(s) are centralizing factor at the start and they have to willingly release that control by way of protocol and choice. What becomes unclear to everyone in projects that span over many years or decades is where that cut of is or should be. I believe the answer is “once the network is completed”

I know this is hard to hear for many, especially since ADA and staking have been decentralized. But Cardano network is not just ADA. It is not possible to decentralize something that doesn’t fully exist yet.

What I find that confuses many people is that decentralization of 3rd generation of crypto (such as Cardano) takes place in multiple places. Control of token, control of network access and soon access to governance protocol all have very distinct criteria of decentralization. What could be considered 100% decentralized in 1st generation of cryptos that are just based on a token may not be sufficient for 3rd generation.

Cardano Foundation and IOG/IOHK approach so far seems to be to decentralize and release once each stage is completed. They did that with ADA and staking. If we follow that logic it would mean that we still have two stages before they make good on their promise and make it all decentralized and disperse the keys.

Cardano is one of the first 3rd gen networks to do this. There isn’t much history that we can learn from, so we got to learn as we go.

Also, considering that it will take at least 2 to 3 more years (and probably more) to get to 100% we should be honest with everyone and tell them that it is still work in progress.

Looking at all this I firmly believe that Cardano Foundation MUST delegate its keys for purposes of completion of the road map. Cardano Foundations vote must be automatic when it comes to finalizing creation of Cardano. Anything else that hiders completion (except for threats to the network) should be deferred. Any attempt by foundation to prevent, deter or change the road map from progressing as promised should be seen as an attack (excluding any legitimate concerns or existential threats).

Lets focus on getting to 100% road map completion first before we attempt to figure out how that 100% will work.

I would not be part of Cardano community if I though that it was adverse to open discussion and error enlightenment. If any of you out there feel scared to bring up a topic for a fear of being used by “competition” against Cardano, then you probably don’t have much faith in Cardano community or Cardano network.

This! :point_up: I do find it hard at times to dig out information. I do believe that discussions like these would be way easier on everyone if there was some kind of chronological log of implemented (or rejected) decisions with involved entities attached. Prioritize, communicate and hold each other accountable. Lets make use of that inclusive accountability that Cardano is know for. :+1:

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