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Blockchain operates without a central authority, using decentralized governance and consensus mechanisms.
Tezos employs on-chain governance for seamless upgrades, letting stakeholders vote directly on the blockchain.
Bitcoin relies on a decentralized, leaderless model without formal voting mechanisms.
Tezos' on-chain governance enables rapid upgrades, while Bitcoin's approach prioritizes decentralization and stability.
Future blockchain networks may adopt hybrid models, blending Tezos and Bitcoin's approaches, with community participation shaping decisions.
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