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Governance in Chromia blockchain

Governance in Chromia focuses on managing chain updates, proposals, and overall network operations, ensuring that the network operates smoothly and transparently.

Provider structure​

Chromia's governance is supported by two main groups: system providers and node providers. System providers handle essential operations, such as maintaining system chains like the Economy Chain and Directory Chain. In contrast, node providers manage the clusters that support decentralized applications (dapps). The network consists of multiple clusters, including the system cluster for system-level tasks and the dapp cluster for running specific application chains. Each cluster has its own providers and unique governance rules.

Governance process​

Updates and proposals are managed individually for each chain. The creator of a chain defines the voter set responsible for approving changes. For system chains like the Economy Chain and Directory Chain, the voter set consists of system providers, requiring a two-thirds majority to pass proposals. The Directory Chain plays a crucial role in governance by tracking all chain upgrades and ensuring consistent code across the network.

Current composition​

Currently, Chromia's governance structure includes 21 providers: 15 operate within the system cluster, while 6 are part of the dapp cluster. This structure is designed to grow over time, allowing for additional providers to join as needed. The Nakamoto Coefficient, which measures the network's resistance to attacks, is 6 for the system cluster and 3 for the dapp cluster. These values indicate the level of decentralization and security within each cluster.

Future developments​

The governance model will continue to evolve through:

  • Expansion of the provider network to enhance decentralization
  • Introduction of high-security dapp clusters with more node providers
  • Implementation of enhanced security measures for critical applications
  • Improvement of voting mechanisms and proposal processes
  • Optimization of transparency and validation requirements

These developments will help the governance model adapt to the evolving needs of the network while maintaining its core principles of security, decentralization, and efficiency.

Next up​

Next, we will explore Chromia's cross-chain capabilities and delve into its inner workings, including the EIF Rell module and the unique pegged bridge system.