Miner Governance
Ergo's decentralized governance model empowers miners to guide network evolution through transparent voting mechanisms. This ensures long-term economic stability, adaptability, and community-driven decision making without compromising network security.
Governance Philosophy
Ergo implements a robust governance framework designed to prevent disruptive hard forks while enabling continuous network evolution. By pushing complexity to the application layer and prioritizing soft-fork compatibility, Ergo maintains stability while fostering innovation.
Core Principles:
- • Stability First: Minimize disruptive changes to maintain network integrity
- • Miner-Driven: Empower miners as key stakeholders in network decisions
- • Backward Compatibility: Prioritize soft-forks over hard-forks
- • High Consensus: Require supermajority for significant changes
Miner Voting
Miners vote on protocol parameters and network upgrades through an on-chain mechanism. Proposals require sustained consensus across multiple epochs to ensure stability.
- 90% consensus requirement for major changes
- 32-epoch evaluation period for stability
- Parameter-specific voting mechanisms
Fork Management
Ergo prioritizes soft and velvet forks for backward-compatible upgrades, avoiding disruptive hard forks wherever possible to maintain network continuity.
- Soft-fork preference for compatibility
- Application-layer complexity management
- Velvet fork innovations support
Adjustable Parameters
Miners can vote to modify specific protocol parameters while maintaining network integrity. These adjustments allow Ergo to adapt to changing conditions without fundamental protocol changes.
Economic Parameters
- • Storage rent rates
- • Transaction fees
- • Mining rewards
Technical Parameters
- • Block size limits
- • Difficulty adjustments
- • Script complexity
Protected Elements
- • Maximum supply (fixed)
- • Core consensus rules
- • Basic cryptography
Voting Requirements
Soft-Fork Changes: Require 90% miner support sustained over 32 epochs
Parameter Updates: Lower thresholds for non-critical adjustments
Evaluation Period: Extended observation to ensure network stability
Rollback Capability: Mechanisms to reverse problematic changes
Governance Process
The governance process follows a structured approach to ensure thorough evaluation and broad consensus before implementing changes.
Proposal Submission
Community or development team submits detailed proposals with technical specifications and impact analysis
Community Discussion
Extended discussion period for feedback, technical review, and consensus building within the community
Miner Voting
On-chain voting by miners with specific consensus thresholds and evaluation periods
Implementation
Gradual rollout with monitoring and potential rollback mechanisms for network safety
Consensus Requirements
High-Impact Changes
Parameter Adjustments
Timeline Considerations
The extended evaluation periods ensure that proposed changes maintain network stability and provide sufficient time for the community to assess potential impacts. This deliberate approach prevents hasty decisions that could compromise network security.
Voting Mechanisms
Comprehensive guide to miner voting processes, parameter changes, and consensus requirements for network governance.
Fork Strategies
Understanding Ergo's approach to network upgrades through soft-forks, velvet forks, and backward-compatible changes.
Participate in Governance
As a miner, your vote shapes Ergo's future. Stay informed about proposals, participate in community discussions, and help guide the network's evolution through democratic consensus.