Governance in Chromia blockchain

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

Chromia's governance is supported by two main groups: System Providers and Node Providers. System Providers handle essential operations like maintaining system chains, including the Economy Chain and Directory Chain. Node Providers, on the other hand, manage the clusters that support decentralized applications (dapps). The network includes multiple clusters, such as the System Cluster for system-level tasks and the dapp Cluster for running specific application chains. Each cluster has a distinct set of providers and its own governance rules.

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, System Providers form the voter set, and a two-thirds majority is needed to pass proposals. The Directory Chain serves as a key part of governance, tracking all chain upgrades and ensuring consistent code across the network.

Currently, Chromia's governance setup includes 21 providers. Of these, 15 operate within the System Cluster, and 7 are part of the dapp Cluster. This structure is designed to grow as needed, allowing for additional providers to join over time. 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.

In the future, we aim to expand the number of providers to increase decentralization and security. There are also plans to introduce high-security dapp clusters with more node providers to support critical applications. These changes will help the governance model adapt to the evolving needs of the network.

Next up

Next, we'll look at the Chromia cross-chain capabilities and explore its inner workings, including the EIF Rell module and the unique pegged bridge system.