How Blockchain Networks Benefit From Guardians

How Blockchain Networks Benefit From Guardians

Who controls a blockchain network? If it is sufficiently decentralized, the answer is “no one.” But while philosophically correct, this response is disingenuous. The nodes may be distributed, users scattered, and validators dispersed across different continents, but blockchain networks are still overseen by entities with the power to effect change.
From token-holders to validators and miners to DAO members, there are many participants within a blockchain ecosystem. And most of the time, these entities act for the collective good, whether they’re publishing blocks or verifying blockchain transactions.
But sometimes, a particular entity can act against the network’s interests. Be it due to malfeasance or incompetence, the actions of major blockchain stakeholders can negatively impact everyone. How do you keep these entities in check without introducing centralization? The solution lies in Guardians.
Guardians of the Blockchain Galaxy
Popularized by Proof of Stake network Orbs, Gu

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