[Viewpoint: On-chain governance may be the only mechanism that can curb the high degree of centralization of the blockchain] Golden Finance reported that Justin Bons, founder of the crypto fund Cyber ​​Capital, posted on social media that ETH governance is actually highly centralized, through software The client controls, without any checks and balances, as is the case with most chains, including BTC. GitHub is a virtual dictatorship because shadow rulers hide like shields behind their false meritocracy. ETH’s leadership has gone to great lengths to disparage on-chain governance, which may be the only mechanism that can curb the status quo, and off-chain governance as just old-school politics without any democratic protections.