And how do you see a "Committee" that token holders vote into and out of power based (like what bitshares has) differ from the Ethereum Foundation who cannot be fired by holders of the token?
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And how do you see a "Committee" that token holders vote into and out of power based (like what bitshares has) differ from the Ethereum Foundation who cannot be fired by holders of the token?
The system works. The ETH Foundation made a decision to fork and some subset of the community effectively fired them. I mentioned this possibility back in January of 2014 in a debate with Dan Larimer and David Johnston. It has come to pass.
I think ETC has an opportunity to come up with a more effective governance structure and one that produces far less drama.