PolkaWorld, the Chinese community for Polkadot, recently announced a halt in its operations due to the rejection of its proposal. This marks the first time in its four-year history, since its inception in 2019, that it has had to pause. The changes leading to this decision occurred after Polkadot initiated its #OpenGov initiative. The primary aim of OpenGov, as understood from Polkadot’s mechanisms and as indicated by @gavofyork, was to decentralize Polkadot’s governance and make the Treasury more transparent and efficient. However, the most debated issue currently is the treasury management under OpenGov. This has impacted long-term contributors and organizations, with many facing rejection from the treasury, leading them to depart from the Polkadot ecosystem.
In the past, Polkadot’s governance system had a “professional” council elected by DOT holders, who utilized their expertise to assess proposals. PolkaWorld suggests that…
