Joseph:

Good evening everyone 👋

Adam:

Evening all!

Joseph:

Before we get into the week's deliveries and updates, I want to take a moment to talk about project governance for Edge.

As we’ve spoken about before - in fact as part of the very first project white paper - Edge is on a path towards becoming a fully decentralised organisation.

The infrastructure of the Web shouldn’t be in the hands of any single individual or organisation. It should be open and available to all to participate in and to benefit from. We are in a world where the vast majority of web services are run for the benefit of just a handful of organisations. And those organisations do not have your best interests at heart. Not only do you pay for their services, but in a very real sense, you are the product too: the data that flows in and out of their cloud platforms is monitored and monetised.

Edge aims to change this relationship... to give access to the wealth generation event that cloud services represent to everyone.

Later this year we will be launching project governance. Governance for Edge will exist as an on chain mechanism within XE. You will be able to connect an XE wallet; to create a governance stake; to raise proposals for the project; to view, comment and vote on existing proposals; and to access an archive of previous proposals.

The portal is a new platform built by the Edge core team. It will be fully open source and available for others to use and build on. It will be accompanied by documentation about how governance works for Edge, along with a guiding set of principles for anyone else to take and use.

We have taken this approach because we believe there is a need for a simple, clean and efficient set of governance interfaces. While there are platforms that exist elsewhere, they are generally over engineered and present barriers to participation.

Governance in the Edge Network is designed to be:

1. Participatory. Community participation is key to the success of the network. Governance must be informed and organised.
2. Consensus Oriented. There will be multiple points of view for each aspect of the network. The governance mechanism is designed to facilitate healthy and open debate.
3. Accountable. Proposals that are raised through the governance mechanism must be followed up on by the core team.