SO IT GOES Decentralized Autonomous Organizations (DAOs) have basically transformed the way in which digital and cryptocurrency communities govern digital assets, and that basically brings us down to the PussDAO which will be the prime example in consideration of this innovative design but what is decentralized autonomous organization (DAO) to properly explain what it is all about I will be explaining the three different words that make up this term decentralized autonomous organization starting with the first one which is decentralized or let's decentralization.

Decentralization or decentralized simply means that the power and authority of control is taken, broken and then distributed to the members of the community making it so that there is not one single person that has an uneven or more than half of the power and control over the network. Let's now look at what autonomous means, for something to be autonomous means that thing is independent and free from any kind of influence or control and believe being decentralized facilitates this feature of being autonomous.

This then leaves us with organization well organization basically just refers to a group of people coming together to form something, I did not mention this earlier but let us also see what is refered to as voting power. Voting power basically refers to the measure of the power and authority a member has in the platform and blockchain network because of the amount of tokens he holds and has staked into the network take the steemit platform for example weight of users voting power is determined by the amount of steems they have powered up in the platform. As a community driven ecosystem, PussDAO operates on a governance model where voting power is very crucial we are going to see two reasons why in this post.

IT ENSURES COMMUNITY DRIVEN DECISION MAKING

One of the primary and important reasons why it is that voting power is important and critical in the maintaining of proper governance in the PussDAO is that voting power ensures and maintains the concept of community driven decision making and it is by maintaining this type or model of decision making process that a decentralized autonomous organization can be all it was designed to be, that is to ensure that in a decentralized system, there is fairness and transparency and true democracy.

These features are basically some of the fundamental and key principles that help build trust among participants. Therefore by granting token holders the ability to vote on proposals, and the weight of their vote depending on how much puss token they have staked in the puss platform, PussDAO ensures that every member has a voice in saying what changes should be made in the network and in shaping the project’s path and journey to success also it prevents the concentration of power in the hands of a few members.

Voting power ensures that there is active voter participation and engagement however without active voter participation, a small group of influential holders and members could dominate the decision making process thereby changing from community driven and from decentralized to centralized and one thing is sure as seen in the centralized financial institutions is that the individual in control will only serve their own needs and put their own interests first and put that of the community last if not totally abandoning it.

IN PRESERVING AND MAINTAINING DECENTRALIZATION.

One of the two fundamental principles of decentralized autonomous organization is decentralization, and voting power plays a crucial role in preserving this fundamental and key principle the lack of decentralization simply means that the governance model of the puss decentralized autonomous organization becomes one where powerful stakeholders control the decision making process therefore forever undermining the essence of the pussDAO and risks making the system resemble that of centralized traditional financial industries.

Therefore when exercising their voting rights, the community members help to protect the decentralized nature of PussDAO and ensure that governance remains distributed among all participants and furthermore the provision of voting power and members excersing it ensures that certain malicious proposals meant to serve the needs, interests and desires of certain members of the community or that could be detrimental to the blockchain network will not be approved and implemented.

CONCLUSION

In conclusion, in the pussDAO governance, voting power ensures that community driven decision making, voting power allows all token holders to have a say in the processes that involves governance matters, therefore preventing centralization and fostering transparency. It also plays a crucial role in ensuring the overall growth of the puss project, ensuring that funds and efforts are directed toward initiatives that benefit the entire ecosystem and that the efforts of malicious people and members that would have thrived in a centralized pussDAO will have no place.