Stakeholder governance refers to the framework through which various parties involved in a cryptocurrency project—such as developers, investors, users, and regulatory bodies—make decisions affecting the network. This governance model emphasizes the participation and influence of all stakeholders, ensuring their interests are represented and that the project evolves in a balanced manner.In many projects, governance is often facilitated through voting mechanisms where stakeholders can propose changes, approve upgrades, or dictate policies. This collective decision-making process can help maintain transparency and foster community trust.Some cryptocurrencies utilize structures like decentralized autonomous organizations (DAOs) to implement stakeholder governance. These structures allow for a more democratic approach, where decisions are made based on consensus rather than being controlled by a central authority. Ultimately, effective stakeholder governance ensures that a cryptocurrency’s development aligns with the values and needs of its community, promoting sustainability and resilience in a rapidly changing ecosystem.