what is the difference between on chain and off chain governance 
on chain governance gives token holders the decentralized right to vote on and implement changes in a blockchain off chain governance refers to changes proposed and implemented by a select group of individuals centralized the bottom lineon chain governance blockchains use systems that let token holders or others with rights vote on proposals for changes to a blockchain these blockchains are intended to decentralize decision making and give cryptocurrency or blockchain communities and fans control of their tokens and the blockchains they reside on the comments opinions and analyses expressed on investopedia are for informational purposes online read our warranty and liability disclaimer for more info 