$ADA second report on COINTELEGRAPH that informs:
Cointelegraph Brazil (CTBR): With the Voltaire era, Cardano seeks a truly decentralized governance. But is this really possible? In almost all "decentralized" networks, there is always someone who can "press the button" in times of crisis. What are the main challenges of this process and how has the community contributed to overcoming them?
Frederik Gregaard (FG): Truly decentralized governance is not just possible — it is essential for the long-term resilience of the blockchain. In Cardano's governance model, every ADA holder can directly contribute to the decisions of the ecosystem.
This new era brings a system with checks and balances. Cardano adopts a tricameral governance model, which includes delegated representatives (DReps), stake pool operators (SPOs), and a constitutional committee. This structure ensures that governance actions reflect the collective will of the main community participants, adhere to Cardano's constitution, and protect the integrity of the main network.
The model adapts to new challenges without compromising the principles of transparency, accountability, and openness. Cardano is a true digital public utility.
The main challenge is not technical, but cultural: transitioning from a centralized model to taking on distributed responsibilities requires new mindsets and structures.
