BoardRoom apparatus provides a complete blockchain governance platform that empowers organizations with the power of the blockchain. BoardRoom aims to provide a starting point for governance systems on Ethereum. The architecture is designed in a way that can be modularly reconstructed or altered in the future. These positions are used, if stated in the constitution, for breaking even votes and signing off on specific constitutional or fund release Board operations.
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The idea here, is to provide defaults that make governance simple, but allow expansion and creative growth to take over in the future. At the core of each Board is an identity and transaction proxy that is so non-committal to its surrounding governance systems, the design possibilities are endless. One could build a default version of BoardRoom in one single governance structure, or one could build it in several modular contracts.
Some other points of interest are the default constitutional articles set out for the Board chair and executive positions. These positions are used, if stated in the constitution, for breaking even votes and signing off on specific constitutional or fund release Board operations. I must strongly emphasize that this is a design default and not the only design, and one that is completely interchangeable by boards at their own leisure in the future.
When constructing smart-contract governance structures,organizations presented with almost limitless architectural designs. But within these options there are two very broad fundamental design patterns, namely, single contract and multi-contract designs. A single-contract design would include all of its governance architecture, rules, data and components within a single, perhaps malleable, smart-contract.
If an organization decides to construct their board with a multi-contract design, they can then build it with a constitutionally binded mesh-construction. This means that various pieces of the Board’s constitution can look to the Board’s constitution to identify other critical components that may affect the components in question. A single Board may be built with various components that are all looking to the Board and each other in order to define and allow for governance process flows.
Smart-contract governance proposals that are state-changing could potentially have serious consequences for Boards and other parts of the Ethereum ecosystem. If proposals are merely just sending bytecode (Ethereum computer code) into the network, how are Board members (potentially unskilled in computer programming) supposed to identity what each proposal can do? Yes, a Board member could state what it does, but this is easily cheatable, as a Board member can state one thing and have the bytecode potentially perform another operation.
Designing contractual systems that are massively modular can increase deployment and operational costs dramatically, but have the benefit of being more easily interchangeable in the future. Boards and organizations will have to decide how much modularity they are willing to install within their structure. But Boardroom can assume that the larger the organization the more modular they could go, as more resources are available.
A Constitution could involve a two-dimensional design. This design is interesting because all of the systems could be contained within one contract and all the rules that govern this system could be in another. This would be the closest middle ground between a massively multi-contract BoardRoom and a rather simple single-contract BoardRoom. The Board would then state the two components in its Constitution with its implementor stated as the operational contract. The operational systems contract would look to the Rule System to figure out who can vote on, table and execute proposals.
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