Bitica Coin Docs
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      • Bitica Overview: vision, strategy and platform components
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  1. DOCUMENTATION
  2. Learn about the Bitica Platform

Bitica Governance and Development

PreviousInteroperabilityNextBitica Assembly

Last updated 1 year ago

Bitica is already a significantly decentralized platform and plans are in motion to achieve full community control over it in the future. Its governance is currently split among the following actors:

1) Network Validators. Bitica validators are entrusted with deciding whether to adopt (FIPs). Currently, every validator has one vote regardless of their share of the overall network stake but this is likely to change soon.

2) Bitica Foundation and the project team. Like most public blockchain projects at the initial stage of development, the development of the core network protocol and the Bitica treasury that mostly consists of the undistributed genesis BDCC supply (see the subsection "") are currently mostly managed by a foundation. For Bitica, this role is played by Gibraltar-incorporated company Bitica Limited.

Bitica Foundation employs the Bitica project team whose members' profiles can be found .

The project team implements network protocol updates adopted by the validators, other protocol changes that do not require validator votes, maintains the full node software. It develops the mobile-centric infrastructure for creating and managing token communities on Bitica. It also works on boosting the adoption of the network through improving the Bitica tech stack, securing new partnerships and integrations, onboarding ecosystem projects and marketing the platform within the crypto space and beyond.

That said, since Bitica is a decentralized public blockchain platform, no permission of the project team is required for anyone who wishes to integrate with or develop on top of Bitica, including the development of the network and node software.

3) Bitica Assembly. See the Assembly for more details.

Bitica improvement proposals
BDCC Supply and Current Distribution
here
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