Within the eRon blockchain ecosystem, meticulous control is exerted via a robust governance model. This model is comprised by the blockchain consensus mechanisms, the formulation of change proposals, and the dynamics of staking protocols.

The implementation of on-chain governance mechanisms serves as a pivotal instrument in resolving critical consensus-related inquiries. These may encompass decisions regarding runtime upgrades, alterations to the validator set, or fine-tuning blockchain parameters. Through active participation in the selection of reputable validators via voting mechanisms, users effectively distribute voting power among validators within the on-chain governance framework.

Decentralized Validators

The decentralised validators system operates on a straightforward principle: as certain validators generate blocks within the network, others authenticate these blocks. This mechanism fosters a balanced performance among validators and fosters a decentralised system, resilient against the formation of cliques or lax validators.

Absence of Centralised Control Authority

Through the decentralised validators paradigm and governance model, eRon blockchain instances operate without a centralised controlling authority. Instead, governance is vested in the collective user base of the network.

Users are able to propose changes, including the changes in governance. Each proposal is reviewed and voted for by other eRon blockchain users. Only after reaching the quorum, a governance proposal can be applied.

Here is the list of available proposals:

• Upgrade existing runtime or deploy new system smart contracts

• Add or remove a validator from the validator set

• Manage blockchain parameters:

◦ Number of active validators

◦ Epoch block interval

◦ Misdemeanor threshold

◦ Felony threshold

◦ Validator jail epoch duration

◦ Undelegate period during which no claiming funds is available

◦ Minimum validator stake amount

◦ Minimum stake amount