Lawson BakerHead of Project Zero at TokenSoft Source
Governance is hard. See the EOS (on-chain governance) low retail voter turnout for electing the Block Producers and the Zcash Foundation Community Governance Process (off-chain governance meets social signaling). Currently, around 5% of EOS holders have staked tokens to vote for the Block Producers. 15% is needed. The EOS low voter turnout is a result of low retail participation and centralization of the initial investors.
