Cardano and Polkadot compete with different governance models in battle for blockchain dominance

From Investing.com

September 4, 2024 6:50:27 am:

Cardano (ADA) and Polkadot (DOT) are competing to address Ethereum’s limitations with different governance models. Polkadot’s OpenGov allows all DOT holders to propose and vote on changes, managing a €300M treasury. Cardano’s Project Catalyst funds small-scale proposals, evolving into the Voltaire era for major decisions with a €450M treasury soon open to the community. Both prioritize community involvement but in different ways—open forums for Polkadot and structured decision-making for Cardano. The future lies in which approach users prefer: Polkadot’s dynamic governance or Cardano’s meticulous process.

Read more at Investing.com: Cardano and Polkadot face off in the battle for blockchain governance By Investing.com