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- Reaches consensus on subjective matters of collective action that cannot be captured by software algorithms;
- Carry Carries out the decisions they make; and
- Alter Alters the governance rules themselves via Constitutional amendmentamendments.
The EOS blockchain runs on a Delegated Proof of Stake (DPoS) model. Under this modelprotocol, token holders delegate their power to block producers through a continuous approval voting system. Anyone may choose to participate as a block producer by nominating themselves, so long as they can persuade token holders to vote for them.
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